On May 30, the market price of phosphoric acid was temporarily stable

1、 Price trend

 

Latest price (May 30):11280 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business club, on May 30, the market price of phosphoric acid was 11280 yuan / ton, unchanged from the previous day, with a year-on-year increase of 92.27. At present, the price of raw material yellow phosphorus is high, the cost side is strongly supported, the overall focus of the phosphoric acid market has moved upward, the price increase range of enterprises’ offer is different, and the market transaction is tepid. At present, the price of raw yellow phosphorus is 38000-40000 yuan / ton, and the market price of thermal phosphoric acid is about 11000-12800 yuan / ton.

 

It is expected that the phosphoric acid market will remain stable in the short term.

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