【SMM】Iron phosphate cost-driven price increase expectations market in stalemate amid tug-of-war between sellers and buyers
This week, the domestic iron phosphate market continued to operate steadily, with mainstream transaction prices remaining in the 10,350-11,240 yuan/mt range. Although new order negotiations have not yet fully commenced at month-end, influenced by the continuous rise in raw material costs such as industrial-grade MAP, some mainstream producers have signaled a 100-200 yuan/mt price increase, strengthening the expectation of cost-driven price hikes.