January 08 News: On January 8, the ex-factory price of 85% industrial phosphoric acid in the Sichuan region was quoted at approximately 6,650-6,950 yuan/ton, with a downward price adjustment, primarily negotiated on a case-by-case basis. Chempricehub analysis of phosphoric acid, long-short score: -1. The ex-factory price of 85% industrial phosphoric acid in the Sichuan region has been lowered to 6,650-6,950 yuan/ton, indicating increased spot market supply or weak demand, leading to intensified downward pressure on prices. The quotation is mainly based on "case-by-case negotiation," reflecting enhanced buyer bargaining power, which further negatively impacts spot prices. It is expected that short-term prices may continue to face pressure.
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