China’s yellow phosphorus ex-works price 30% up, downstream pesticide price impacted

At present, China’s chemical production capacity is in general running not high while stocks are at low side, the relatively short supply may further boost up market price. Phosphorite and electric power-associated business enterprises will appear to benefit from the rising price of yellow phosphorus. Yellow phosphorus factories in China’s major yellow phosphorus production areas of Yunnan, Guizhou and Sichuan have escalated their selling price successively in just 1 month. There has been a price rise of Yuan500-600 per ton in this week, which is obviously a bigger rise over the previous price rise of Yuan100-200 per ton. The ex-works price of factories in the above provinces is generally at above Yuan14,500 per ton, nearly 10 percent up over last month and nearly 30 percent up year on year.