Free Phosphorous Trichloride Price Trend and Forecast New York
- Location: New York, New York, NY
The Phosphorous Trichloride Price went down in the first quarter of 2022 with sufficient product availability and deterred market sentiments from the downstream end. With Germany being the major importer of Phosphorous the country experienced a downward trend in the price despite of increasing freight charges due to Russia-Ukraine war. Decreasing demand from downstream dyestuffs, flame retardants and agricultural market and increasing inventories in the production enterprises have caused downfall in the prices of Phosphorous Trichloride and its by-products. This inward shift in the prices have caused European market to experience a downfall in Q1 of 2022.
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