On January 5th, the ex-factory price of 85% industrial phosphoric acid in Hubei region was approximately 6,650-7,000 yuan/ton, showing a downward adjustment, with transactions primarily conducted on a case-by-case basis. PriceSeek's analysis of phosphoric acid indicates a bearish score of -1. The article reports that the ex-factory price of 85% industrial phosphoric acid in Hubei has been lowered to 6,650-7,000 yuan/ton, with transactions mainly negotiated individually, suggesting ample supply or weak demand in the spot market, leading to increased downward pressure on prices. This reflects either inventory accumulation at the production end or cautious procurement at the consumption end, exerting a generally bearish impact on spot prices, potentially squeezing producers' profits and dampening short-term market activity. The score of -1 is based on the moderate negative signals indicated by the price decline and transaction patterns.
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