1、 Price trend

Latest price (May 24): 11280 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on May 24, the market price of phosphoric acid was 11280 yuan / ton, up 1.08% from the previous day. At present, the price of raw material yellow phosphorus has risen, the cost support has been strengthened, the overall focus of the phosphoric acid market has shifted upward, the increase range of enterprise offer is different, and the market transaction is tepid. 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 11000-12800 yuan / ton.

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