In November 2025, the yellow phosphorus price showed an upward trend, driven by the joint factors of increased electricity price on the cost side and tight supply, the market price of MAP and DAP rose, mainly supported by high raw material costs.
November Corporate Developments
- Onn 20 November, 2025, Xingfa Group announced the completion of installation and commissioning for the 20,000 t/a sodium hypophosphite expansion project, with the facility ready for trial production.
- On 13 November, 2025, the environmental impact report for Hubei Changshuo's expansion project for developing, producing and selling a novel series of phosphate products was accepted.
- On 11 November, 2025, Guizhou Kailin Group's environmental impact report for its 2×150,000 t/a PA concentration project was published.
- On 5 November, 2025, Clariant Chemicals (Huizhou) Ltd., a wholly-owned subsidiary of Clariant International AG, officially startd production at its 10,000 t/a halogen-free flame retardant expansion project (Phase II).
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.0867 on 3 November 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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