Market Wrap 2642 Yellow phosphorus edged up slightly in the week, mainstream deals at CNY28,246-28,296/t. Supply side, facilities maintenance in Guizhou and market tight spot supply offers support to pricing.

The sulfur market fell far faster and deeper than widely expected in October. Global demand remained sluggish, forcing suppliers to cut prices.

Market Wrap 2642 Phosphoric Acid: slightly up. Quoted at CNY 8,400/t (+0.30% WoW / +0.90% MoM). It edged higher on yellow phosphorus cost

Ammonia: Market Fluctuates Rapidly The synthetic ammonia market kept rising after the National Day holiday, supported by unexpected output cuts

Yellow Phopshorus: market was stable-to-firmer. The benchmark held at CNY 27,766/t, WoW flat (-0.5% MoM). Post-holiday mainstream acceptance prices stood at CNY 27,800/t

Sulfur: Ongoing Downtrend After the National Day holiday, China’s sulfur spot market failed to rebound. Import volume compensation is limited

1.Yellow phosphorus: High level of domestic self-sufficiency with quite small share of export Yellow phosphorus is a core basic chemical raw material.

TMAP Trends Down as Raw Materials Cost Slides Abstract Since September, domestic sulfur prices have kept falling, dampening market sentiment.