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SunSirs: The Demand for Phosphoric Acid is Weak and the Price has been slightly Adjusted

June 19 2025 09:35:36     

I. Price trend

According to the commodity market analysis system of SunSirs, as of June 17, the reference average price of domestic 85% industrial-grade thermal phosphoric acid was 6,710 RMB/ton, which was 0.74% lower than the reference average price of 6,760 RMB/ton on June 11.

II. Market analysis

Market

This week, the domestic phosphoric acid market price has been slightly adjusted. As of June 17, the ex-factory price of 85% thermal phosphoric acid in Hubei was around 6,450-6,900 RMB/ton, the ex-factory price of 85% thermal phosphoric acid in Yunnan was around 6,500 RMB/ton, and the ex-factory price of 85% thermal phosphoric acid in Sichuan was around 6,400-6,800 RMB/ton. The domestic market price of 85% wet-process phosphoric acid is around 6,550-7,300 RMB/ton.

Cost

Raw material yellow phosphorus. The market price of raw material yellow phosphorus rose this week. Some yellow phosphorus units were restarted this week, and the market supply increased. Downstream companies are replenishing stocks one after another, and purchasing demand is increasing, so the transaction price of yellow phosphorus market is rising.

III. Forecast for the future market

Analysts of phosphoric acid from SunSirs believe that the phosphoric acid market has been running in a narrow range recently. The bearish sentiment in the raw material yellow phosphorus market is still there, the demand for phosphoric acid market is weak, and new orders in the market are limited. It is expected that the domestic phosphoric acid market price will fluctuate slightly in the short term.

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