What the phosphate market trend in 2022?

How to avoid or reduce the large price fluctuation risk in 2022? 

in the past 1~5 of 2022, the phosphate market are still hot. Based on the custom exporting data , in 2022.1~5, the food grade phosphoric acid exporting data is 176,282,888kg, food grade sodium tripolyphosphate exporting data is 32,501,205kg , compared with last year , all increased. 

       Because the rain season coming, the production cost dropped, the phosphates price trends dropping in the following days till Sep.  But uncertain factor is the new energy field demands, it covers about 30% of phosphate marketing share, in first half year, because the epidemic lockdown ( nearly 3 months), the market sluggished , once it recover, we do not know if the demands will recovery.  Considering the dry season after October, the price will higher than July, August, Sep. 

      The war between Russia and Ukraine also effects the phosphate market. 

In Summary, the best period for stocking phosphate and avioding the price fluctuation sharply is : July, August, September.  

If you need more information, please feel free to contact me by email: amy@shrichgroup.com