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Chinese phosphoric acid market was weak and stable last week

Views: 0     Author: Site Editor     Publish Time: 2021-02-09      Origin: Site

Chinese phosphoric acid market was weak and stable last week

On February 7, the average price of domestic phosphoric acid was 5050 CNY / ton, unchanged from the beginning of the week, up 0.66% month on month, and down 5.31% compared with the same period last year.

                      

Phosphoric acid 85% food grade


The market price of raw material yellow phosphorus is basically stable, slightly higher than last week, but it is difficult to drive the phosphoric acid market. At present, the downstream demand is stagnant. Since the 8th, Feb, most phosphoric acid enterprises have stopped work for holidays, and the market as a whole is closed. Therefore, the price of phosphoric acid is mainly stable before the Spring Festival.


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