June 1, 2021
China Calcium Phosphate: Prices surge amid high output costs (week ended May 31, 2021)
Calcium phosphate producers lifted prices prominently while the costs of raw ingredients surged of late. Feed producers were prudent with purchases with prices rising tremendously.
Monocalcium phosphate export prices increased significantly to US$0.46/kg.
Feed producers will be prudent w the costs of calcium phosphate high and the demand for poultry feed limited. Soaring output costs will underpin the prices of calcium phosphate despite cautious demand.
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