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Phosphoric acid market is weak down

 Last Update: 2022-01-08
 Source: Internet
 Author: User

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yellow phosphorus

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Recently, due to the adjustment of the price of raw material yellow phosphorus and the overall weak downstream demand, phosphoric acid companies have lowered their quotations

In early December, the domestic price of yellow phosphorus rose, but last week it began to pull back due to poor downstream demand

From the perspective of supply, the operating rate of thermal phosphoric acid enterprises has recently declined slightly

From the perspective of demand, although the New Year's Day holiday is approaching, the demand for phosphoric acid is still not optimistic.

On the whole, downstream demand is unlikely to change, and the phosphoric acid market still has room for downward adjustment

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