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