SunSirs: The Phosphoric Acid Market Was Weak and Stable on October 8
October 09 2021 13:20:32     SunSirs (John)Price trend
The latest price (October 8): 20,000 RMB/ton
Analysis review
According to the data monitoring chart of SunSirs, on October 8th, the phosphoric acid market was generally stable, some were slightly lowered, and the quotations were adjusted according to their own inventory status.
On the first day after the holiday, there were not many companies quoting in the market, but the price of raw material phosphorus yellow was temporarily stable, and most companies had no quotations. There was also a certain replenishment demand in the downstream, so the price of supporting phosphoric acid was still at a high level.
Market outlook
It is expected that the market price of phosphoric acid may have a callback expectation.
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- 2023-07-05 SunSirs: The Phosphoric Acid Market Fluctuated and Sorted out in June
- 2023-06-09 SunSirs: Cost Boosting, Phosphoric Acid Market Price Rose (June 1-8)
- 2023-05-26 SunSirs: Phosphorus Yellow Rose, and the Market for Phosphoric Acid Produced by Thermal Method Stopped Falling (May 19-25)
- 2023-05-25 SunSirs: It is Expected that the Price of Phosphoric Acid will not Change Much in the Short Term