Phosphonate market demonstrated strong stability bolstered by consistent supply and demand balance and robust infrastructure developments in the second week of May xxxx. Despite changing trade patterns and geopolitical unpredictability’s in which phosphonate continued to be essential to water treatment solutions in important international markets, such as China, India, Germany, and the US. Enhanced by environmental laws and well-executed projects, phosphonate remains an essential part of contemporary wastewater and industrial water treatment.
The FOB Shanghai price of phosphonate (ATMP xxx) in China remained unchanged at USD xxx/tonne, maintaining the same level as last week. Although Chinese phosphonate exports to the US have fallen by xxx, this price stability reflects the strong fundamentals of the market. A strong x.xx year-on-year growth in overall exports, driven by high demand from the EU and Southeast Asia, managed to counter the fall. Due to...
