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The global market of Monocalcium Phosphate (MCP) has observed an increase in prices in August ****. This increase was a result of higher market value of Calcium Carbonate which a key feedstock that is used in MCP production. The prices of Calcium Carbonate has increased in July which made increased the production cost of MCP. The suppliers have adjusted their prices to cover the extra cost. Several buyers had delayed from placing orders in July in anticipation of drop in prices. The buyers were compelled to restock and avoid disruptions in their production schedules as inventory levels began to decline across the various downstream sectors.
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