Product name: Phosphorus yellow
Latest price on June 2nd: 22,900 RMB/ton
Analysis review
The price of domestic phosphorus yellow market rose on June 2. As of June 2, many enterprises producing phosphorus yellow were reducing their production load, some of them were parking, delaying the driving time, and the on-site inventory was controllable. The market spot was relatively tight, and the price of phosphorus yellow had increased. Many manufacturers did not provide external quotations, and actual orders were discussed in detail. Downstream procurement was more cautious and was purchased as needed.
Market outlook
It is expected that the price of phosphorus yellow will be stronger in the short term, and it is need to pay attention to changes in the news.
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