December 19, 2011
 
China calcium phosphate market recovers on pre-holiday demand
 
An eFeedLink Exclusive
 
 
Prices were mostly stable.
 

Transacted prices of calcium phosphate in China

Region

Prices as of Dec 5
(RMB/kg)

Prices as of Dec 19
(RMB/kg)

Price change
(RMB/kg)

Yunnan

2,400-2,450

2,400

0 to -50

Sichuan

2,450-2,600

2,500-2,600

+50 to 0

Beijing

2,900

2,900

0

Heilongjing

3,000

3,000

0

Shanghai

2,900-2950

2,900

0 to -50

Shanxi

2,700

2,700

0

Guangzhou

          2,800

         2,800

0

Prices are based on calcium hydrogen phosphate (poweder 17%) and are representative and for reference only.
RMB1=US$0.1578 (Dec 19)

 
Calcium phosphate prices stabilised from previous declines in December, supported by a kickoff in feed millers' year-end restocking drive and low producer inventories.
 
In the weeks ahead, booming pre-holiday demand should prompt calcium phosphate producers to hike prices which had slumped to near-cost levels in the earlier period.
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.