Phosphorus: P4 price fluctuates slightly amid ongoing supply-demand tension. In 1H of the week, price hikes (CNY22,400-22,600/t in Yunnan/Sichuan, >CNY22,600/t in Guizhou) as producers have no inventory pressure and price is supported. But deals are sliding due to the buyers’ resistance to high cost. Avg. prices dip to CNY22,666/t(-0.42% WoW), with sluggish trading reflecting a […]
Phosphorus: P4 price rises 1.98% WoW to CNY22,762/t by Aug.8, with market avg. at CNY22,500-22,700/t in Yunnan/Guizhou/Sichuan. The price support comes from producers’ firm stance in 1H of the week, later some discounts(about CNY50/t) are emerged from traders to realize profit. The buy side is still cautious as downstream demand remains weak. Some glyphosate factories
Phosphorus: The yellow phosphorus market has a downtrend performance in July as the downstream demand is sluggish while supply is sufficient. The avg. weekly output rose to 20,510t (operating rate 68.37%), pressing prices lower. By month-end, P4 prices fell to CNY22,300-22,400/t in Yunnan & Sichuan. Demand would remain subdued in Aug. ①Hydro-power cost is still
Phosphorus: the market slows down again, avg. price slightly slid to CNY22,396/t. Production rate is steady at 68% level. Demand side becomes cautious purchasing. Factories attempt to hold price, while buy side resists price above CNY22,200/t. Phosphoric acid: average price of 85% H.P. phosphoric acid decline 0.45% WoW to CNY6,700/t. Wet-process P.A. benchmark price is CNY7,167/t.
Phosphorus: Output: Weekly output reaches 20,5kt, up 5.97% WoW, with capacity utilization at 68.4%. The operation rate is generally above 65% in Yunnan, Guizhou, and Sichuan. Price: Average price slightly rose to CNY22,895/t but later down to CNY22,830/t. The 2 week’s high level made buyer side hesitate as the downstream production cost needs control.
Phosphorus: price edged up, the benchmark price rises to CNY22,346/t on Jul 4th, +0.70% MoM. Most deals are closed at about CNY22,200/t in Yunnan/Sichuan, CNY22,350-22,400/t in Guizhou. The supply-side holds firm, but market demand is weakened. P4 supply rises 5.98% (20.72kt) as hydropower boosted output, the demand side resists high offers. Market price may dip
Phosphorus: the avg. price slid to CNY22,000-22,200/t in Yunnan/Guizhou/Sichuan, down 1.3%-1.35% WoW due to weak demand and increased supply. The operation rate is still high in Yunnan (63.6%) and Guizhou (54.7%). Downstream buyers pressed for lower prices amid cautious sentiment, as demand is not strong. Besides, hydropower-driven electricity price cuts in Southwest China reduced the production cost (e.g., in
Phosphorus: the yellow phosphorus price fell to CNY22,200-22,400/t (EXW cost with payment term of acceptance bill) in Yunnan/Guizhou/Sichuan, about 1.3% lower in the week. Weak demand and rising supply (weekly output is 19kt, +0.4%) drove the decline. Prices may further dip amid weak negotiations. High supply and cautious downstream purchasing intensify downward pressure. Key factors:
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
