Echemi Market Analysis (Update on 2018-07-16)
The operating rate of white phosphorus factories was low and the price was high and may rise. The exchange rate increased greatly. Phosphoric acid price dropped slightly, but the trading atmosphere was still weak. The operating rate of phosphoric acid factories was not optimistic. In the short term, the phosphoric acid price is expected to be range-bound. The reference price of phosphoric acid was $850/mt FOB Qinzhou.