Weekly Iron Phosphate Price Review

Published: May 24, 2024 11:18

Source: SMM

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This week, the price of iron phosphate increased slightly due to the impact of raw material costs.

This week, the price of iron phosphate increased slightly due to the impact of raw material costs. The price of raw material phosphoric acid began to fall slightly, while industrial ammonium continued to maintain a large increase. The supply of industrial ammonium remained tight. Industrial ammonium produced by phosphorus chemical companies is given priority to Xinjiang, and there is a serious shortage of iron phosphate supply. As another raw material, due to the recent overhaul of hydrogen peroxide companies, the price of hydrogen peroxide has also risen recently. Ferric phosphate companies have a strong willingness to adjust prices, pushing their quotations to more than 10,500 yuan. Iron phosphate prices may slowly rise slightly, but it is difficult to change the current situation of losses of ferric phosphate companies.

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