Commodity News
SunSirs: On October 11, Phosphoric Acid Market Prices Were Lowered from High Prices
October 12 2021 13:24:33 SunSirs (John)
Price trend
The latest price (October 11): 19,000 RMB/ton
Analysis review
According to the data monitoring chart of SunSirs, on October 11, the phosphoric acid market went down, and the company gradually lowered the price of phosphoric acid, and the price was mostly below 20,000 yuan.
The price of raw material yellow phosphorus was lowered, and the cost pressure was slightly reduced. The start-up load of phosphoric acid enterprises gradually increased, and the flexibility of adjustable price space increased, so the price was lowered.
Market outlook
It is expected that the market price of phosphoric acid may have further downside expectations.
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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