SunSirs: On October 11, Phosphoric Acid Market Prices Were Lowered from High Prices
The latest price (October 11): 19,000 RMB/ton
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.
It is expected that the market price of phosphoric acid may have further downside expectations.