1、 Price trend

Latest price (October 8): 20000 yuan / ton

Key points of analysis: according to the data monitoring chart of the business society, on October 8, the phosphoric acid market was generally stable, some were slightly reduced, and the quotation was mostly adjusted according to their own inventory status. On the first day after the festival, there were not many market quotation enterprises, but the raw material yellow phosphorus was temporarily stable, many closed offers were not reported, and there was a certain replenishment demand in the downstream, so the supporting phosphoric acid price was still high.

It is expected that the market price of phosphoric acid may be expected to callback.