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Phosphoric acid price reached a new record Comefrom:OILCHEM    AddDate:2021-09-16    Hit:2233

Phosphoric acid prices continued to break through the peak this week, the main reason is still great increase of raw material yellow phosphoric acid drives its upward trend. In recent days, since the Yunnan Development and Reform Commission issued the "double control" notice, the panic in the phosphating site continued to rise, some enterprises are too cautious on the early raw material procurement, resulting in difficulties in starting now and raw materials are hard to find. At the same time, the downstream phosphate and terminal enterprises are also suffering, part of the terminal enterprises also temporarily stop to wait and see due to the high price of raw materials. In the current form, the phosphating market has not seen the end of the upward trend, and the market supply is still in short supply, Longzhong information thought that phosphoric acid aftermarket still has upward space.