March 25th News
On March 24th, Jiangshan Agrochemical & Chemicals announced that the first phase of its "Guizhou Jiangshan Phosphorus Chemical Resource Comprehensive Utilization Project" in Guizhou was put into trial production by the end of 2025, adding an annual glyphosate production capacity of 50,000 tons. Currently, the project is in the process of ramping up production.

Chempricehub Analysis on Phosphoric Acid, Bull-Bear Score: 1
Jiangshan Agrochemical & Chemicals has added an annual glyphosate production capacity of 50,000 tons in Guizhou. Glyphosate production primarily relies on phosphoric acid as a key raw material, which will directly increase the demand for phosphoric acid. Currently, the production capacity is in the ramp-up phase, with demand gradually increasing, providing support for the spot price of phosphoric acid and driving a moderate upward trend in prices. The score indicates a generally positive outlook, primarily based on the expectation of demand growth. However, the ramp-up process of production capacity buffers the short-term impact intensity.