July 24, 2013
Sichuan hydrogen phosphate market propped up by logistic limitations
As rainstorms and flood impeded logistics, prices of hydrogen phosphate in Sichuan churned higher, with the factory quotation reaching RMB1,850/tonne (US$301.45/tonne).
The market gain is a reverse trend. Only recently, prices were pushed down by ample supplies and decimated demands from feed millers, who were reeling from China's bleeding livestock industry battered by the earlier H7N9 epidemic.
