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October 24, 2011
  
China calcium phosphate market rallies on cost hike
 
An eFeedLink Exclusive
 
 
Prices were sharply higher.
 

Transacted prices of calcium phosphate in China

Region

Prices as of Sep 30
(RMB/kg)

Prices as of Oct 19
(RMB/kg)

Price change
(RMB/kg)

Yunnan

2,480-2,550

2,650-2,700

+170 to +150

Sichuan

2,550-2,600

2,700-2,850

+150 to +250

Beijing

2,850

3,100

+250

Heilongjing

2,900

3,200

+300

Shanghai

2,850-2,900

3,050-3,100

+200 to +200

Shanxi

2,750

3,000

+250

Guangzhou

2,750

3,000

+250

Prices are representative and for reference only.
RMB1=US$0.1566 (Oct 24)

 
Escalating raw material costs of sulphur and phosphorous ore, triggered by government's tightening of environmental laws and adverse weather conditions which disrupted mining, fuelled a price rally in calcium phosphate over the month amid low inventories at producers and traders alike.
 
Strong livestock feed demand and soaring ingredient costs should further underpin calcium phosphate market in the coming period.
 


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