SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Viewpoint on Ups and Downs of Phosphoric Acid on November 20

November 21 2019 13:41:48     SunSirs (John)

Product Name: phosphoric acid

 

The latest price (November 20)5333.33 RMB/ton

 

Analysis points:

The price of raw material yellow phosphorus fell slightly, the cost of phosphoric acid was unfavorable, and the market fell slightly. This year, the price of phosphoric acid is higher than that of previous years, the downstream demand is relatively reduced, and the market is generally stable.

 

Market outlook

Phosphoric acid market will remain stable in the short term.

 

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