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Chinese authorities raised the power pricefor yellow phosphorus makers, effectiveJune 1st, by 50% or 100%, indicating thatthe government hopes to control the overcapacityin this energy-intensive industry.This possibly causes a new round of regroupingin this industry that has already withstoodthe pain that triple overcapacitybrought about.The leading phosphorus companiesexpect more elimination than ever
Chinese authorities raised the power pricefor yellow phosphorus makers, effectiveJune 1st, by 50% or 100%, indicating that the government hopes to control the overcapacityin this energy-intensive industry.This may causes a new round of regroupingin this industry that has already withstood the pain that triple overcapacitybrought about. leading phosphorus companiesexpect more elimination than ever