Phosphorus: the yellow phosphorus market saw limited low-priced supply, with prices slightly increasing. Supply decreased by 1.99% compared to the previous week, with production at 20,160t (Jun.7-13) versus 20,570t (May.31-Jun.6). Demand was driven by downstream restocking needs, but buyers remained cautious due to high supply and low costs, anticipating a bearish market. Low inventory levels […]
Phosphorus: the market average price rises to CNY24,750/t(+550/t), soars to one year high. The increasing demand stimulated the P4 market to continue to hold prices steady. However, in the latter part of the week, the bidding results have continuous declines. Under the dual pressure of a slight weakening of futures prices and low spot price
The global phosphate chemicals market is projected to experience steady growth in the coming years. Phosphate chemicals, including phosphoric acid, phosphates, and other derivatives, are essential components in various industries such as agriculture, food processing, and industrial applications. The increasing demand for fertilizers, particularly in emerging economies, is a key driver of this market
