December 7, 2008
China's calcium phosphate prices rise with production cost
An eFeedLink Exclusive
Prices were higher in most regions.
|
Transacted prices of calcium phosphate in China | |||
|
Region |
Prices as of Nov 21 |
Prices as of Dec 5 |
Price change |
|
Yunnan |
1,630-1,680 |
1,700-1,800 |
+70 to +120 |
|
Sichuan |
1,900-2,000 |
1,900-2,000 |
0 |
|
Beijing |
2,000-2,100 |
2,150-2,250 |
+150 |
|
Heilongjing |
2,300-2,400 |
2,350-2,400 |
+50 |
|
Shanghai |
2,100-2,200 |
2,150-2,250 |
+50 |
|
Shanxi |
1,950-2,000 |
2,000-2,200 |
+50 to +200 |
|
Guangzhou |
1,950-2,000 |
2,050-2,150 |
+100 to +150 |
| Prices are representative and for reference only. RMB1=US$0.1454 (Dec 7) | |||
Calcium phosphate trade activity in China showed signs of slowing down over past two weeks after prices rose due to tight supplies of raw material sulphuric acid.
In the near term, calcium phosphate prices will likely be supported by increased animal rearing activity and higher feed demand in the period leading to the Spring Festival in late January. However, as some feed millers and traders have secured supplies lately, demand will not be especially strong.
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