# Business Society: The negative average spread for wet-process phosphoric acid continued to narrow on November 9, to -16.67 yuan per tonne

> The reported average spread for wet-process phosphoric acid on November 9 was -16.67 yuan per tonne, calculated from M10 at 7,783.33 yuan and M20 at 7,800 yuan. The narrowing negative spread indicates that the market’s decline in phosphoric acid prices slowed.

- Date: 2026-11-09 · published 2026-11-09T12:13:05.400Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/89398-business-society-the-negative-average-spread-for-wet-process-phosphoric-acid
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

The slower decline suggests easing downward price pressure in the Chinese wet-process phosphoric acid market, but the report gives no evidence of a change in supply or demand. No listed commodity directly represents phosphoric acid.

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/nyzx/2026-11-09/doc-iniycrzy3327519.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.