January 19, 2018
China calcium phosphate market weakens as buyers hold back
An eFeedLink Exclusive
Prices were stable to lower.
|
Transacted prices of calcium phosphate in China | |||
|
|
Price quotes as of Dec 7 |
Price quotes as of Jan 9 |
Price Changes |
|
Sichuan (major producers) |
2,100 |
2,100 |
0 |
|
Sichuan (other producers) |
2,050-2,100 |
2,000-2,050 |
-50 |
|
Hubei |
2,100 |
2,100 |
0 |
|
Yunnan (major producers) |
- |
- |
- |
|
Yunnan (other producers) |
1,900-1,950 |
1,850-1,900 |
-50 |
|
Prices are based on calcium hydrogen phosphate (powder 17%) and are representative and for reference only. | |||
During and after New Year holidays, demand for calcium phosphate weakened as falling broiler prices prompted feed producers to limit output. Although major producers stood firm, smaller ones negotiated prices in a bid to move sales.
In Yunnan, delivery price quotes of monocalcium strengthened slightly to RMB2,680/tonne during early January, but slid back to RMB2,650/tonne within days.
As poultry feed producers limit production while piglet feed consumption stays weak, calcium phosphate sales are unlikely to be strong in the coming period.
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