In March 2025, due to market supply and demand, the price of yellow phosphorus increased.
In March 2025, the prices of MAP and DAP remained stable.
Company dynamics of phosphorus chemicals in March
On 23 March, 2025, Lier Chemical Co., Ltd. announced its plan to acquire a controlling stake in Shandong Huimeng Biotechnology Co., Ltd. to expand its industrial chain and enhance its competitiveness.
On 22 March, 2025, Chengdu Wintrue Holding Co., Ltd. released its annual report for 2024, showing that the company achieved revenue of USD2.84 billion (RMB20.38 billion) in 2024, down by 6.37% YoY, with net profit attributable to the parent company falling by 9.80% YoY to USD112.06 million (RMB804.00 million).
On 4 March, 2025, Shenzhen Batian Ecotypic Engineering Co., Ltd. announced that in order to further expand the company's business, its wholly-owned subsidiary Guizhou Batian Ecotypic Engineering Co., Ltd. plans to invest in the expansion and upgrade of three related projects at Xiaogaozhai phosphorus mine.
On 4 March, 2025, the environmental impact report of the Weng'an new material and electronic chemical project 66,000 t/a yellow phosphorus supporting pellet project (revised) by Guizhou Wengfu Jiangshan Chemical Co., Ltd. was released.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1745 on 3 March, 2025, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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