In Asia, the prices of Bone Phosphate of Lime fluctuated given the uncertain demands from the food and pharma industries. Q1 showed a nearly flat curve due to balanced supply-demand dynamics, while Q2 saw a steep decline with increased inventory levels and lower feedstock prices. In Europe, prices remained high post-Russian invasion of Ukraine, but as supply chains normalized and inflation eased, prices declined in Q2. North American prices followed a mixed pattern, rising in Q1 and falling in Q2 due to changing demands and inventory levels.
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Definition
Bone Phosphate of Lime, also known as tricalcium phosphate, is a mineral compound with the chemical formula Ca3(PO4)2. It is primarily composed of calcium and phosphorus and is commonly found in rocks, bones, and tooth enamel. Bone Phosphate of Lime is used in various industries, including agriculture, where it is utilized as a fertilizer to provide essential nutrients, such as calcium and phosphorus, to plants and soil. It is also used in the production of animal feed supplements to support bone health and growth.
Key Details About the Bone Phosphate of Lime Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bone Phosphate of Lime in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Bone Phosphate of Lime Price chart, including India Bone Phosphate of Lime price, USA Bone Phosphate of Lime price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Bone Phosphate of Lime Price Trend:
Bone Phosphate of Lime is utilized in various industries for its key industrial applications. In agriculture, it serves as a valuable fertilizer, providing essential nutrients like calcium and phosphorus to promote plant growth and improve soil health. Additionally, it is used in the production of animal feed supplements to support bone health and growth in livestock. Its rich calcium and phosphorus content make it a vital ingredient in enhancing agricultural productivity and supporting the nutritional needs of animals.
Key Players:
- Innophos
- Trans-Tech
- Haotian Pharm
- Yuwei Biological
- Shanghai Caifeng
- Hubei Lianxing New Material
- Lianyungang Dongzhou
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