1、 Price trend
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According to the bulk data list of business agency, the average ex factory price of 85% domestic thermal phosphoric acid was 9530 yuan / ton on July 18, and 9170 yuan / ton on July 22. The price of 85% domestic thermal phosphoric acid fell 3.78% this week.
2、 Market analysis
The price of phosphoric acid continued to decline this week. The price of phosphoric acid fell on Monday, temporarily stabilized on Tuesday, and fell again on Wednesday until Friday. The price of raw material yellow phosphorus fell this week, and the cost support was insufficient. The on-site supply is sufficient, and the enterprise reduces the price to digest the inventory. Downstream demand is general, mainly low-cost procurement. As of July 22, the ex factory price of 85% domestic thermal phosphoric acid was about 9170 yuan / ton. The ex factory quotation of 85% phosphoric acid in Sichuan is about 8700-10100 yuan / ton, that in Yunnan is about 9000 yuan / ton, that in Hubei is about 8600 yuan / ton, and that in Nanjing is about 10200 yuan / ton.
In terms of raw phosphorus ore, the domestic phosphorus ore market has been running strongly this week. The market price of 30% grade phosphorus ore in Guizhou is around 1100-1150 yuan / ton, and the market price of 28% grade phosphorus ore is 980-1030 yuan / ton. At present, the downstream demand for phosphate rock is stable, and the trading atmosphere in the site is normal.
In terms of raw yellow phosphorus, the market price of yellow phosphorus fluctuated and fell this week. At present, the trading volume of yellow phosphorus market is light, and the downstream purchase price is depressed, which depresses the yellow phosphorus market. There is limited room for the yellow phosphorus market price to increase. At present, the market price is relatively deadlocked. Most yellow phosphorus manufacturers will not make external quotations for the time being, and will focus on single discussion. This week, the mainstream quotation of Guizhou yellow phosphorus is about 31500-32000 yuan / ton, and that of Sichuan yellow phosphorus is about 32000 yuan / ton.
3、 Aftermarket forecast
Phosphoric acid analysts of business society believe that the cost support is weak due to the continuous decline in the price of raw yellow phosphorus. The supply of phosphoric acid market is greater than the demand, and the downstream purchase price is reduced, and the transaction focus continues to move downward. It is expected that the market trend of phosphoric acid will continue to decline in the short term.
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