Tetrakis Hydroxymethyl Phosphonium Sulfate price from the peak of nearly 18 months to the middle of this month basically fell 60%, has been depressed tetramethylmethylsulfate phosphorus market in the recent 2 weeks have stabilized signs of recovery. In less than 2 weeks time has risen by about 1500 yuan/ton, what is the reason for the rise in the price of THPS(CAS 55566-30-8)? Will the subsequent rise continue or is it an accidental pulse rebound?

After extensive market research, we find that the current price rebound is mainly caused by the European market demand, that is, the sudden increase in demand triggered. Moreover, the production capacity of phosphorous sulfate has been restricted by the low price of sodium hypophosphite, so its production has not been fully released, and the market inventory has remained at a certain level. In the case that the balance of supply and demand is broken, the boost of the European and American markets is the most direct reason for the rise in the price of tetrakis Hydroxymethyl Phosphonium Sulfate.

So will the price of THPS continue to rise in the next few months or longer? And how far can it go? We are cautious that it is not too soon to judge that the bull market has come. If the main markets in Europe and the United States continue to stabilize and rebound, sodium hypophosphite prices continue to be depressed, then its bull market may have come. On the contrary, it is only a temporary rebound. Assuming the first scenario, the price of phosphorus tetramethyl sulfate may rise up to an astonishing 7000-9000 yuan/ton. In case of the second so-called rebound, the price will return to the recent low before the end of this year.

In recent months, we will pay close attention to the analysis of the international and domestic tetramethylmethyl sulfate phosphorus market, and will also publish the latest tetrakis Hydroxymethyl Phosphonium Sulfate price change information on this website, welcome customers and friends to visit and guide!