Price Analysis (Update on 2018-02-05)

Phosphoric Acid

CAS No. : 7664-38-2

Reference Price

$900 /MT (Previous Price)

$920 /MT (Current Price)

 $20/MT
  • 2018-02-05The price of white phosphorus increased by RMB 200-300/mt in Yunnan and Guizhou. The supply became tighter and many factories stopped production. The exchange rate kept dropping and phosphoric acid couldn’t be delivered before the Chinese New Year. Phosphoric acid producers expected the price of white phosphorus to keep increasing, so they increased the quotes by around $20/mt. The reference price was $920/mt FOB Qinzhou.Detail
  • 2018-01-29The price of white phosphorus increased by RMB 200-300/mt in Yunnan and Guizhou. The supply became tighter and many factories stopped production. The exchange rate kept dropping and phosphoric acid couldn’t be delivered before the Chinese New Year. Phosphoric acid producers expected the price of white phosphorus to keep increasing, so they increased the quotes by around $20/mt. The reference price was $900/mt FOB Qinzhou.Detail
  • 2018-01-22The price of white phosphorus hit the bottom and bounced. The price in Yunnan and Guizhou increased by RMB 200/mt. Main producers in Yunnan Chengjiang stopped production. With tight supply and dropping exchange rate, the price of phosphoric acid was expected to increase by $10. It was expected that phosphoric acid manufacturers would undergo maintenance. The reference price was $900/mt FOB Qinzhou.Detail
  • 2018-01-15The white phosphorus demand was low with price as low as RMB 15,000/mt. Most producers in Yunnan and Guizhou lowered the operating rate. Some were shuttered. It is expected that the price of white phosphorus will be stable in the short term. However, the supply will become tight. The phosphoric acid price was stable. But price might go up as the exchange rate decreased a lot. The reference price of phosphoric acid was $900/mt FOB Qinzhou.Detail
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