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A highly reactive non-metallic chemical element, yellow phosphorus, is typically found as a waxy, yellowish-white solid. Since its chemical formula consists of four phosphorus atoms grouped in a tetrahedral configuration, it is also known as white phosphorus or simply P4. Due to its strong flammability and reactivity, yellow phosphorus is often stored underwater to prevent spontaneous ignition.
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It is a widely traded chemical, with China, Kazakhstan, Russia, and Morocco being the top exporters. The top importers of yellow phosphorus are Brazil, South Korea, Japan, the US, South Korea, and India.
Key Details About the Yellow Phosphorus Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the yellow phosphorus price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The yellow phosphorus price analysis, including India yellow phosphorus price, USA yellow phosphorus rice, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting yellow phosphorous Price Trend:
Numerous industrial uses for yellow phosphorus affect yellow phosphorus price trend. Yellow phosphorus is used extensively in industry for various purposes, including chemical manufacture, electronics, metallurgy, and pharmaceuticals. A variety of compounds, such as phosphoric acid, phosphorous trichloride, and phosphorous pentoxide, are produced using yellow phosphorus. The manufacturing of semiconductors and other types of electronics also uses it. Yellow phosphorus is a key component in the chemical formula for some medicines, including those that decrease cholesterol and fight cancer. The supply and demand dynamics of various industrial uses have an impact on the price trend of yellow phosphorus. The price trend of yellow phosphorus can be impacted by any changes in worldwide demand or production.
Key Players:
- Guizhou Qianneng Tianhe Phosphorus Industrial Co., Ltd.
- Sichuan Chuantou Electrometallurgy Co.,Ltd (CTEC)
- Kazphosphate LLC (Taraz)
- Filo Chemical B.V., Excel Industries Ltd, Prasol Chemicals Pvt. Ltd
News & Recent Development:
- January 04, 2023: India’s agrochemicals industry to see double-digit growth in FY23 and FY24 on strong exports boost, says Crisil- According to a projection from the research firm Crisil, India's agrochemicals industry will expand by 15–17% in FY23, mostly due to strong exports and steady domestic demand. In the fiscal year that concluded in 2022, the industry saw a 23% increase. As key molecule patents expire and India continues to profit from the "China plus one" approach of major firms, Crisil predicts that industry revenue will increase by 10-12% in FY24.
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