July 26, 2013
Calcium phosphate prices weak despite lower output in China
An eFeedLink Exclusive
Prices remained soft.
The rainy weather in Sichuan disrupted phosphate rock mining leading to reduced supplies of raw ingredients for calcium phosphate production. Nonetheless, as the demand for poultry feed showed little improvement, feed millers limited the purchases of calcium phosphate, hence exerting pressure on the market despite lower output.
Forecasts
With raw ingredients limited, lower output of calcium phosphate will lend support to the market. Moreover, poultry feed demand should strengthen gradually. These factors should support calcium phosphate prices to stabilise gradually in the coming period.
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
