November 15, 2013
Subdued feed demand limits upward scope of China calcium phosphate
Prices were stable to higher during the period in review.
Phosphate rock prices strengthened in Sichuan, lifting calcium phosphate prices in the region. However, several producers in Yunnan held prices stable while sales were not particularly strong.
Transacted prices of calcium phosphate in Sichuan were mainly in the range of RMB1,830-1,950/kg.
Lacklustre animal feed demand will limit the upward potential of the market even as supplies stay tight.
RMB1=US$0.1642 (Nov 15)
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