Price Trend
According to the monitoring data of business associations, the market of phosphorus ore in China continued to run steadily this week. As of August 16, the average price of 30% grade phosphorus ore in China was around 410 yuan/ton, which was not significantly different from that of last week.
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II. Market Analysis
Products: Last week, the phosphorus ore market was weak and stable, and the overall market did not change much. This week, the phosphorus ore market continued to operate weakly and steadily. On-site transactions remained light and normal. At present, 28-grade phosphorus ore trucks in Yunnan are quoted at 280 yuan/ton, while 30-grade phosphorus ore trucks in Guizhou are quoted at 360-390 yuan/ton. The taxation quotation of 22 grade phosphate ore in Guizhou is near 160 yuan/ton, and that of 30 grade phosphate ore in Hubei is near 500 yuan/ton.
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Industry chain: At the beginning of this week, yellow phosphorus Market of phosphorus ore downstream products was trading downward with weak prices. It is difficult for downstream demand to form strong support for the market, and the market turnover is general. In the middle of the week (August 14), the lower reaches of the yellow phosphorus market continued to depress prices. New single transactions improved slightly and the trading atmosphere was cold. At present, the net yellow phosphorus ex-factory acceptance transaction in Yunnan refers to the vicinity of 15000-15200 yuan/ton. Phosphoric acid market cost and demand support is insufficient, the same weak downward trend, market transaction is scarce, downstream mostly wait-and-see attitude. At present, 85% of industrial grade phosphoric acid transactions in Yunnan refer to the vicinity of 4600-4700 yuan/ton, Sichuan water purification plants offer 4650 yuan/ton, Jiangsu water purification plants offer 5450-5800 yuan/ton.
3. Future Market Forecast
Business society data analysts believe that in the short term, phosphate ore is still stable, and the specific market trend is closely related to the supply and demand of upstream and downstream products, inventory and other multiple factors.
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