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Yellow phosphorus: it will return to silence after the skyrocketing

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Yellow phosphorus: it will return to silence after the skyrocketing

Issue Time:2019-07-26
As a small variety of yellow phosphorus, the market trend in the first half of the year is similar to that of previous years. It has always been a wave of trading patterns, and the price has been maintained at a narrow range of 14,000 to 15,000 yuan (ton price, the same below). However, a report by CCTV in early July made the yellow phosphorus market like “chicken blood”. In just a few days, the price climbed continuously and the maximum rose by more than 10,000 yuan. However, the industry believes that there is no positive change in the demand side, and the price surge caused by external factors will not last too long. With the elimination of short-term interference factors and the resumption of production shutdown, the yellow phosphorus market will return to silence.
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