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Business Society reported that the average spread between phosphoric acid’s 10-day and 20-day moving averages was -47.50 yuan per tonne on November 7, based on averages of 8,262.50 and 8,310.00 yuan per tonne. The negative spread narrowed, indicating that the price decline was slowing.
The report describes a slowdown in phosphoric acid’s price decline, but gives no new supply or demand information. No direct price implication for the listed feed commodities is established.
100ppi.comNov 7, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
