Product name: Yellow phosphorus
Latest price on July 11th: 23400 yuan/ton
Key points of analysis: On July 11th, the domestic yellow phosphorus market price rose. At present, the spot supply of yellow phosphorus on the site is relatively tight, and manufacturers mainly issue preliminary orders. Some manufacturers’ orders have been arranged for a week, making it difficult to find low-priced sources of goods on the site. Downstream pesticide enterprises just need to purchase, and the atmosphere of new order negotiations is strong.
It is expected that the market price of yellow phosphorus will be mainly strong in the short term, and the actual transaction will be discussed separately.
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