December 27, 2013
Low supply, cautious buying hold China calcium phosphate prices stable
Prices remained stable during the period in review.
Producers of calcium phosphate had limited spot supplies to offer while producing to fulfil previously concluded orders. However, sales of calcium phosphate were slow amid cautious mood.
In Yunnan, prices were mainly in the range of RMB1,700-1,800/tonne.
With raw ingredient cost poised to increase, calcium phosphate producers will likely stand firm even as buyers make procurements cautiously. Prices of calcium phosphate are expected to be stable or move a shade higher during January.
RMB1=US$0.1647 (Dec 27)
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