Phosphorus chemical industry will fully decline in the next year
In the first half of this year, the prices of international phosphate fertilizers continued to increase, pushing up sulfur prices and phosphorus ore prices. The price of major phosphorus chemical products in China has been rising. From the disclosure of mid-year reports by listed companies in the phosphorus chemical industry, both performance and profitability have shown significant growth.
“The price of international phosphorus products has risen sharply and is transmitted to the domestic market. This is an international factor in the price increase of China's phosphorus chemical products. The sharp increase in the price of domestic yellow phosphorus is a domestic factor that drives the prices of other phosphorus chemical products.†Li Linlin believes that domestic yellow phosphorus The price hike has also been affected by the earthquake and the embargo on dangerous goods during the Olympic Games and the reduction in supply due to the closure of yellow phosphorus companies in the past two years.
Recently, international and domestic phosphate rock prices are still operating at high levels, but prices of other major phosphorus products have entered a decline. According to public information, the spot price of the international sulfur market has fallen from the high of 770 US dollars / ton to last month's 435 US dollars / ton. Li Linlin analyzed that “the rapid and significant decline in the international price of sulfur will directly lead to a drop in domestic phosphate prices, which will lead to a sharp drop in the prices of other downstream phosphorus products. In the coming year, the overall domestic phosphorus chemical industry will experience a decline in overall prosperity.â€
“The price of international phosphorus products has risen sharply and is transmitted to the domestic market. This is an international factor in the price increase of China's phosphorus chemical products. The sharp increase in the price of domestic yellow phosphorus is a domestic factor that drives the prices of other phosphorus chemical products.†Li Linlin believes that domestic yellow phosphorus The price hike has also been affected by the earthquake and the embargo on dangerous goods during the Olympic Games and the reduction in supply due to the closure of yellow phosphorus companies in the past two years.
Recently, international and domestic phosphate rock prices are still operating at high levels, but prices of other major phosphorus products have entered a decline. According to public information, the spot price of the international sulfur market has fallen from the high of 770 US dollars / ton to last month's 435 US dollars / ton. Li Linlin analyzed that “the rapid and significant decline in the international price of sulfur will directly lead to a drop in domestic phosphate prices, which will lead to a sharp drop in the prices of other downstream phosphorus products. In the coming year, the overall domestic phosphorus chemical industry will experience a decline in overall prosperity.â€
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