The industrial-grade phosphoric acid market was dull, rising slightly in some areas, and the market volume improved slightly from the previous period. The price of phosphoric acid raw materials, yellow phosphorous, continues to be high, and the downstream phosphate market remains flat. Large companies have plans to increase prices. The downstream demand was weak, and the phosphate market was sparsely traded. Market analysts believe that with the current market price of phosphoric acid to measure, almost all downstream products fall into the production and sales upside down situation, for the high price of phosphorus resistance breeding. It is expected that the rate of phosphate ore mining and coal mining will increase in the near future. The supply will increase, and the electricity supply may ease. However, the contradiction between high cost and weak downstream demand still exists. The phosphoric acid market needs to pay close attention to the purchase situation in the downstream market in the near future.
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