Commodity News
SunSirs: Stable Demand Based Procurement Price for Downstream Phosphoric Acid
March 24 2023 10:06:14On March 21st, the benchmark price of phosphoric acid for the business community was 8175.00 RMB/ton, a decrease of -2.68% compared to the beginning of this month (8400.00 RMB/ton).
Phosphoric acid analysts from the Business Society believe that the market trend of raw material yellow phosphorus is weak recently, and the hot process phosphoric acid market is dominated by wait-and-see. Currently, there are relatively few transactions on the market, and downstream purchases are made on demand. It is expected that the weak price of phosphoric acid will be dominated by consolidation and operation in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2023-07-25 SunSir: Cost Supported, the Price of Thermal Method Phosphoric Acid Rose (July 17-21)
- 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
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