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Sinochem News Network News July yellow phosphorus prices plunged
According to the analysis of professionals from Longzhong Information, there are three main reasons for the plummeting price of yellow phosphorus
The second is weak demand
Third, the competition at low prices is fierce, and the cost pressure is transmitted from bottom to top
Regarding the market outlook, Longzhong Information said that at present, there are not many orders in the yellow phosphorus market, market confidence is insufficient, the downstream construction has not improved yet, and yellow phosphorus enterprises have not experienced large-scale production reductions.