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Home / News / Phosphoric Acid market rose first and then declined in June

Phosphoric Acid market rose first and then declined in June

Views: 0     Author: Site Editor     Publish Time: 2021-07-06      Origin: Site

Phosphoric Acid market rose first and then declined in June

On June 30, the average price of domestic Phosphoric Acid was 5833.33 CNY / ton, down 5.66% compared with 61833.33 yuan / ton at the beginning of the month, up 19.86% compared with the same period last year.

 

In July, the cost pressure gradually eased, and the market price of Phosphoric Acid dropped. In addition, due to strict environmental protection and safety, the cargo transportation in some areas may be limited, and the manufacturers will reduce profits for delivery. It is expected that the market will be weak in the short term, or there may be a further downward trend.


Phosphoric Acid 85%


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