Phosphorus: market price rises again, the benchmark price is CNY23,712/t(+200/t). Supply is limited as multiple electric furnaces in Yuxi (Yunnan), Mianyang and Ya’an (Sichuan) suspend for facilities maintenance, while only a few resumed in Fuquan (Guizhou). Market purchases are active at first but later turn to cautious. Stable phosphate rock cost and electricity cost will […]
Phosphorus: P4 price keeps going up, the benchmark price is CNY23,512/t (+212/t WoW). The supply side has structural contraction, some electric furnaces’ maintenance in Yunnan and Sichuan leads to output reduction, which could not be offset by the production resumption in Guizhou, pulling down the overall operation rate. From the demand side, downstream enterprises made
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.
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
