1、 Price trend

Latest price (May 10): 10730 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on May 10, the market price of phosphoric acid was 10730 yuan / ton, up 0.19 from the previous day, up 103.09% year-on-year, and the price of wet acid was 10633.33 yuan / ton, unchanged from the previous day. Recently, due to the rising price of raw yellow phosphorus and the strengthening of cost support, the offer of phosphoric acid enterprises has increased, but the downstream demand has followed up half, and there is little room for rise. At present, the price of yellow phosphorus as raw material is about 38000-38500 yuan / ton, and the market price of phosphoric acid is about 10500-12500 yuan / ton.

The phosphoric acid market is expected to rise steadily in the short term.