FeP Price

The Chinese national standard of FeP is with the content of phosphorus 23%min,silicon 3%max and carbon 1%max, because of the raw materials of ferro phosphorus is from the yellow phosphorus, now because of the influence of virus, some major yellow phosphorus plants have not resumed to produce, this make shortage of raw materials to produce ferro phosphorus,so different with the price of silicon and magnesium, the price of ferro phosphorus is increased around 10USD/T compared with last week, now the quotation is FOB China 330-340USD/T.

The general size of the ferro phosphorus is 10-50mm,on February 2020,the yield of FeP is 800ton from Henan,China, reduced 52.9% than January, and reduced 73.3% than February 2019, some supplier think that along with the outbreak of the virus, the demand from foreign is slow down, so predict that the price of ferro phosphorus will be stable next week.

Along with the shortage of raw materials, it caused the price of ferro phosphorus increased, since this Monday Anyang Huatuo quotas the 340USD/T CIF price, still do not make deal with the customers, face the situation of lack of raw materials, the price is not to be negotiation.

Along with the returning to work in China, trust the lack of raw materials will dealing well, but because the outbreak of virus overseas, so the price of ferro phosphorus maybe will keep stable.