1、 Price trend
Latest price (September 22): 20000 yuan / ton
Key points of analysis: according to the data monitoring chart of the business society, on September 29, the phosphoric acid market continued to run strong. Enterprises mostly adjusted their quotations according to their inventory status, but there was no major adjustment before the festival. They basically focused on order shipment. Although the price of raw yellow phosphorus stopped falling and stabilized, the cost support was still strong, so the price of phosphoric acid was still high.
The phosphoric acid market is expected to stabilize before the festival.
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