In the Asian Yellow Phosphorus market, prices fluctuated due to varying demands from downstream industries and excess inventories. Decreased freight charges coupled with the declining crude oil prices led to reduced upstream costs. In Europe, prices swung low due to weak demands from downstream sectors and declining feedstock costs. Market trends oscillated during Q1 due to port congestion, but prices dropped sharply in Q2 after resolving freight issues. In North America, mixed price sentiments were observed, with varying demands from fertilizer and EV sectors.
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Definition
Yellow Phosphorus is a highly reactive and toxic non-metallic chemical element with the symbol “P” and atomic number 15. It exists as a waxy, yellow solid at room temperature and is known for its flammable and luminous properties. It is primarily used in the production of various phosphorus-based chemicals, matches, and fertilizers. Due to its reactivity, handling Yellow Phosphorus requires caution and proper safety measures.
Key Details About the Yellow Phosphorus 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 Yellow Phosphorus 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 Yellow Phosphorus Price chart, including India Yellow Phosphorus price, USA Yellow Phosphorus 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 Yellow Phosphorus Price Trend:
Yellow Phosphorus finds significant industrial applications across various sectors. It is a vital component in the production of phosphorus-based chemicals, such as phosphoric acid and phosphates, which are essential in the manufacturing of fertilizers. Additionally, it is a crucial ingredient in matchstick production, providing the necessary friction for ignition. Yellow Phosphorus also serves as a key element in the semiconductor industry, where it is used in the production of microchips and other electronic devices.
Key Players:
- Guizhou Qianneng Tianhe Phosphorus Industrial Co., Ltd.
- Sichuan Chuantou Electrometallurgy Co.,Ltd (CTEC)
- Kazphosphate LLC (Taraz)
- Filo Chemical B.V.
- Excel Industries Ltd
- Prasol Chemicals Pvt. Ltd.
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