1、 Price trend

Latest price (May 23): 11160 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on May 23, the market price of phosphoric acid was 11160 yuan / ton, unchanged from the previous day. Recently, due to the rising price of yellow phosphorus as raw material, the support of cost side has been strengthened, the overall focus of phosphoric acid market has shifted upward, and the increase range of enterprise offer is different. At present, the price of raw yellow phosphorus is as high as 40000 yuan / ton, and the market price of thermal phosphoric acid is about 10600-12800 yuan / ton.

It is expected that the focus of phosphoric acid market will move upward in the short term.