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November 17, 2011
 
China calcium phosphate market loses momentum
 
An eFeedLink Exclusive
 
 
Prices were lower.
 

Transacted prices of calcium phosphate in China

Region

Prices as of Oct 31
(RMB/kg)

Prices as of Nov 17
(RMB/kg)

Price change
(RMB/kg)

Yunnan

2,650-2,700

2,600-2,650

         -50 to -50

Sichuan

2,700-2,830

2,620-2,670

         -80 to -60

Beijing

3,150

3,050

-100

Heilongjing

3,200

3,100

-100

Shanghai

3,100-3,150

3,000-3,100

        -100 to -50

Shanxi

3,100

3,000

-100

Guangzhou

3,050

3,000

-50

Prices are representative and for reference only.
RMB1= US$0.1575 (Nov 17)


Calcium phosphate market took a beating from tumbling prices of sulphur and sulphuric acid, weighed down by sluggish downstream fertiliser demand and global weakness. Price differentials between Yunnan and Sichuan provinces began to close.
 
Despite diminished cost pressure, calcium phosphate prices see limited downward potential in the near term as producers' inventory level remained low.
 


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