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phosphorus acid 98.5% prices in india


The Mumbai market for phosphorus acid 98.5% from China has seen a significant hike. The price of the commodity increased by Rs.3/kg to settle at Rs.148 per kg on May 9, 2024. This departure from recent stability has caught the attention of various sectors. The sudden increase, observed since May 04, has raised concerns among analysts, who attribute it to fluctuations in formaldehyde prices, a crucial component in Phosphorus acid production.Phosphorus acid finds extensive usage as a component in fertilizers (constituting 80% of total use), detergents, and numerous household cleaning products. India, lacking major manufacturers of phosphorus acid, heavily depends on imports from countries like Korea, China, and Japan. This reliance on imports underscores the susceptibility of local markets to global price shifts, phosphorus acid Prices In India, Indian Prices phosphorus acid, IndianPetroChem.
#PhosphorusAcidPricesInIndia #Indianpetrochem

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Last Update : May 10, 2024 10:51 AM
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Item  Owner  : indianpetrochem
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2024-05-10 (0.578 sec)