SunSirs: Market Situation of Phosphorus Yellow in Some Regions of China on January 9th
January 10 2025 14:37:21 SunSirs (John)
On January 9th, the phosphorus yellow market in Guizhou region showed an upward trend. The operating rate of enterprises in Guizhou has declined, and some business owners have placed early orders, making it difficult to find low-priced sources in the market. Downstream enterprises were cautious in purchasing goods, and inquiries were light. As a result, the wait-and-see sentiment towards this push up has become stronger. As of January 9th, the mainstream quotation was around 23,500 RMB/ton, and actual transactions were subject to negotiation.
On January 9th, the phosphorus yellow market in Yunnan continued to rise. Some business owners have placed preliminary orders, but the supply on site was limited. As a result, companies were reluctant to sell at high prices, leading to an increase in market quotes. As of January 9th, the mainstream quotation was around 23,500 RMB/ton, and actual transactions were subject to negotiation.
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