Price trend

The latest price (October 8): 20,000 RMB/ton

Analysis review

According to the data monitoring chart of SunSirs, on October 8th, the phosphoric acid market was generally stable, some were slightly lowered, and the quotations were adjusted according to their own inventory status.

On the first day after the holiday, there were not many companies quoting in the market, but the price of raw material phosphorus yellow was temporarily stable, and most companies had no quotations. There was also a certain replenishment demand in the downstream, so the price of supporting phosphoric acid was still at a high level.

Market outlook

It is expected that the market price of phosphoric acid may have a callback expectation.

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