June 5, 2013
China calcium phosphate producers cut prices to attract buyers
Prices dropped further during the period in review.
Feed millers remained cautious with the procurements of calcium phosphate even as poultry and hog markets were stable. Hence, as output costs stayed low, producers of calcium phosphate cut prices in a bid to entice buyers.
In the coming weeks, prices of calcium phosphate are likely to move higher as feed millers restock depleted inventories.
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