Specialist in phosphate and water treatment products
Over the past two months, global sulfur prices have surged sharply due to continued geopolitical tensions in the Middle East and disruptions to Strait of Hormuz shipping. This has caused a ripple effect throughout the phosphate chemical industry.
Key Developments:
Sulfur supply remains extremely tight; many major producers have reported limited availability.
High-grade phosphate rock prices have remained firm, further pushing production costs for phosphoric acid.
Purified wet-process phosphoric acid prices have exceeded RMB 10,600/ton, up more than 70% over the past six months.
Sodium Hexametaphosphate (SHMP), Sodium Tripolyphosphate (STPP), and related phosphate salts continue to experience upward pressure.
Demand from lithium battery production remains strong, with LFP (lithium iron phosphate) output above 80% capacity.
Implications for Buyers:
Given the tight sulfur and phosphate supply, production costs are likely to remain high in the coming months. Companies relying on SHMP, STPP, and other phosphate chemicals should secure supply contracts and build inventory now to mitigate procurement risks.
Contact Us:
Email: mia@cnycchem.com
WhatsApp: +86 132 8386 5265
