Market Wrap 2632
CN/CAN EXPORT RESUME BRINGS PRICE SURGE Yellow phosphorus: price edged down narrowly. The weekly-opening average price stood at CNY27,629/t and the weekend benchmark price dropped to CNY27,563/t. The price change resulted from plant-maintenance started in Guizhou but later resumed operation, supply grew. Downstream demand stayed slack season, buyers resisted high prices and trading activity remained thin. Low factory inventories limited downward […]