Phosphorus Acid Prices, Forecast & Historical Data

In Q3 2024, phosphorus acid prices in China experienced a steady rise, reaching 1,735 USD per metric ton by the end of the quarter.

APAC Phosphorus Acid Prices Movement Q3:

Phosphorus Acid Prices in China:

In Q3 2024, phosphorus acid prices in China experienced a steady rise, reaching 1,735 USD per metric ton by the end of the quarter. Despite moderate demand in the market, the price increase was primarily fueled by higher raw material costs, which significantly raised production expenses. Supply chain disruptions, including logistical challenges and transportation delays, further phosphorus acid supply constrained, tightening availability, and adding upward pressure on prices. This imbalance between supply and demand highlighted the critical role of stable supply chains in maintaining market equilibrium. Although the overall economic environment remained subdued, the combination of increased costs and limited supply led to continuous price growth throughout the quarter.

North America Phosphorus Acid Prices Movement Q3: 

Phosphorus Acid Prices in the United States:

In Q3 2024, phosphorus acid prices in the U.S. surged to 1,920 USD per metric ton by September, reflecting robust growth driven by several market factors. The primary driver was heightened phosphorus acid demand from critical sectors such as agriculture and chemicals, where increased activity spurred a greater need for phosphorus acid-based products like fertilizers and industrial chemicals. Rising raw material costs further amplified production expenses, directly contributing to the upward price trend. Additionally, supply chain disruptions caused by plant shutdowns during the hurricane season created supply constraints, intensifying the market pressure. These combined factors resulted in a notable price increase, underscoring the strong and dynamic market conditions for phosphorus acid during the quarter.

European Phosphorus Acid Prices Movement Q3:

Phosphorus Acid Prices in Germany:

In Q3 2024, phosphorus acid prices in Germany experienced a consistent rise, reaching notable highs due to a combination of strong demand, supply constraints, and favorable market conditions. Robust consumption from key sectors such as agriculture and chemicals played a significant role in driving this upward trend, as these industries relied heavily on phosphorus acid for fertilizers and chemical formulations. Supply constraints, stemming from planned maintenance shutdowns at major production facilities, further tightened market availability, amplifying the price growth. Additionally, stable feedstock prices provided a solid cost foundation, while optimistic market sentiment fueled expectations of sustained demand and pricing stability. These factors collectively created a resilient market environment, ensuring steady price increases despite broader economic challenges.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Phosphorus Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Phosphorus Acid price trend, offering key insights into the global Phosphorus Acid market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Phosphorus Acid demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

Unlock Real-Time Phosphorus Acid Prices Trend Today: https://www.imarcgroup.com/phosphorus-acid-pricing-report

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