In late March 2025 the Phosphoric acid prices in Asia marked a notable rise, largely due to the increase in phosphorus yellow prices. Due to tight supply and low inventory, manufacturers of Phosphoric Acid have adjusted prices. While demand from the downstream market remained consistent. The ongoing congestion at major Chinese ports has led to shipment delays, adding further uncertainty to the market. Suppliers have been adjusting prices to reflect these supply challenges maintaining the price upside.

In the asian market particularly China the price of the Phosphoric Acid witnessed a notable rise as of H2 March. This rise in the Phosphoric Acid price is majorly linked with the rise in the price of the major feedstock Phosphorus Yellow. The Phosphorus yellow market saw prices climb earlier in March as supply remained tight and manufacturers adjusted prices upward. Inventory levels were low, and downstream buyers were cautious with replenishment. By March 24, the market showed signs of stabilizing, with production running steadily and previous orders being fulfilled. In the Phosphoric Acid market, supply and demand remained in balance, with steady shipments and procurement happening as needed.

Congestion at major Chinese ports like Ningbo, Shanghai and Qingdao has caused shipment delays of up to five days, affecting the flow of Phosphoric Acid within the regional market. With over a million containers waiting in North Asia, importers are struggling to receive shipments on time. These delays are also impacting the trading activities in Southeast Asia, which is further squeezing supply of the various commodities in the market.

Globally, Tunisia is working to increase its phosphate production to 14 million metric tons by 2030, which could help boost the Phosphoric Acid supply. However, challenges such as higher rail freight costs in Australia, particularly around the Ardmore Phosphate Rock Project, are causing some disruptions. These issues might impact the steady flow of raw materials needed for Phosphoric Acid production and could lead to some uncertainty in the market over the next few months.

As per the ChemAnalyst anticipation the price of the Phosphoric Acid is expected to showcase stable to bullishness in the upcoming sessions. The projection of bullishness in the Phosphoric Acid price is majorly aligned with the anticipation of tight supply of the feedstock which can further impact the priced and the expectations of recovery in the downstream market demand which can further stimulate the consumption of the Phosphoric Acid simultaneously.