April 28, 2017
Lacklustre demand continues to weigh on China calcium phosphate prices
An eFeedLink Exclusive
Prices weakened further.
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Transacted prices of calcium phosphate in China | |||
|
|
Price quotes as of Apr 14 |
Price quotes as of Apr 26 |
Price Changes (RMB/kg) |
|
Sichuan (major producers) |
1,650 |
1,580 |
-70 |
|
Sichuan (other producers) |
1,550-1,600 |
1,550-1,600 |
-100 to 0 |
|
Hubei |
1,700 |
1,650 |
-50 |
|
Yunnan |
1,400-1,450 |
1,350-1,400 |
-50 |
|
Prices are based on calcium hydrogen phosphate (powder 17%) and are representative and for reference only. | |||
Feed producers limited purchases of calcium phosphate as poultry market softened towards late April. This, in conjunction with slack demand from the hog sector, dragged prices lower.
Calcium phosphate prices will likely stay soft amid lacklustre demand. However, the downward scope of the market will be limited with profit margins low.
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