1、 Price trend
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According to the bulk data list of business agency, the average ex factory price of 85 thermal phosphoric acid in China was 10770 yuan / ton on July 4, and 10100 yuan / ton on July 8. The price of 85 thermal phosphoric acid in China fell 6.22% this week.
According to the bulk data list of business agency, the average ex factory price of 85 wet process phosphoric acid in China was 10666 yuan / ton on July 4, and 10433 yuan / ton on July 8. The price of 85 wet process phosphoric acid in China fell by 2.19% this week.
2、 Market analysis
The price of raw material yellow phosphorus fell sharply this week, and the cost support was insufficient. This week, the demand in the phosphoric acid field was weak, the transaction was poor, and the manufacturers reduced their prices one after another. The market is dominated by bad news, and the weak market will continue in the short term. As of July 8, the price of 85 thermal phosphoric acid was about 10100 yuan / ton, and the price of 85 wet process phosphoric acid was about 10433 yuan / ton. The quotation of phosphoric acid in Sichuan is about 9700-10650 yuan / ton, that in Hubei is 9200-11200 yuan / ton, that in Yunnan is about 10300 yuan / ton, and that in Shandong is about 10600 yuan / ton.
This week, the domestic market for raw phosphorus ore continued to operate at a high level and strong. The supply of phosphate rock in the quarry continues to be tight, and the shortage of medium and high-grade phosphate ore is still the same. The circulating supply of phosphate rock in the mine is limited. Many large factories mainly use phosphate rock for their own use, and there is no saleable supply externally. Some mines in Guangxi and Guizhou mainly receive orders in advance, and mining enterprises in Hebei mainly supply shareholders. The market price of 30% grade phosphorus ore in Guizhou is around 1030-1100 yuan / ton, and the market price of 28% grade phosphorus ore is around 930-980 yuan / ton.
The market price of raw material yellow phosphorus fell this week. At present, there are more inquiries in the yellow phosphorus market, but there are few transactions, and more purchases are made at lower prices. Some manufacturers will not make external quotations for the time being. Up to now, the mainstream quotation of Yunnan yellow phosphorus is about 33500 yuan / ton; The mainstream quotation of Guizhou yellow phosphorus is about 34000 yuan / ton; The mainstream quotation of Sichuan yellow phosphorus is about 34500-35000 yuan / ton.
3、 Aftermarket forecast
Phosphoric acid analysts at business news agency believed that cost support was weakened due to the price reduction of raw material yellow phosphorus again. The follow-up of terminal demand is weak, and the phosphoric acid market continues to operate weakly. It is expected that the market trend of phosphoric acid will continue to run downward in the short term.
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