Price Trend
According to the monitoring data of business associations, the phosphate ore market has continued to operate steadily in the near future. As of August 23, the average price of 30% domestic grade phosphate ore is near 416 yuan per ton, based on the quotations of enterprises in several mainstream areas.
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II. Market Analysis
Products: This week, the phosphorus ore market continued to operate in a weak position, with flat downstream demand, little fluctuation in the market as a whole and fewer market orders. Most of the mines continued to make orders from old customers. As of August 23, 30% of the grade phosphorus ore boards in Guizhou were trading at 350-410 yuan/ton, including Fuquan, Guizhou. Huifa Mining quoted a stable price, 30% grade phosphate ore factory quoted 370 yuan / ton, 28% phosphate ore factory quoted 330 yuan / ton. The quotation of 30% phosphorus ore in Hubei is near 460-530 yuan/ton, and that of 30% phosphorus ore in Liushugou, Hubei is near 470 yuan/ton.
Industry chain: Yellow phosphorus market, the downstream product of phosphorus ore, is on the upward trend this week. At present, the main quotation of yellow phosphorus in Yunnan is 15500-16000 yuan/ton. The mainstream quotation in Sichuan is about 15,500 yuan per ton, up 500 yuan per ton from Monday (Aug. 19). At present, there is a good trading atmosphere in the market. Due to the low start-up rate of yellow phosphorus, it is expected that there will be room for price increase in the short term.
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3. Future Market Forecast
Business societies data analysts believe that: in the short term, the domestic phosphate ore market is expected to remain weak and stable, the overall fluctuation of the market will not be too large, the specific market trend also needs to pay more attention to the overall fluctuation of the phosphorus chemical industry market and the start-up of mines.
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