According to data monitoring by Business Society, as of January 15, 2023, the reference average price of 30% grade phosphate ore in China was around 1056 yuan/ton. Compared with January 9, the price remained basically unchanged. Compared with January 1, 2023 (reference price of phosphate ore is 1034 yuan/ton), the price increased by 22 yuan/ton, an increase of 2.13%.
From the monitoring chart of Business Society data, it can be seen that in the recent period (1.10 to 1.15), the overall domestic phosphate ore market has remained stable and organized. At the beginning of the month, the phosphate ore market saw a slight increase, and the overall trading focus of the market slightly increased. Entering the mid month stage, the overall phosphorus ore market tends to remain stable and operate steadily. As the Spring Festival approaches, some phosphate ore mining areas are shutting down and production is suspended. The fundamentals of the phosphate ore market are relatively quiet, and the overall situation of mid to high end phosphate ore is still slightly tight. Downstream demand continues to be in demand for essential purchases, and there is not much adjustment between phosphate ore supply and demand. The overall market performance is relatively calm. As of January 15th, the domestic market price for 30 grade phosphate ore is around 1030-1100 yuan/ton, with lower prices around 1000 yuan/ton and higher prices around 1150 yuan/ton. The specific price may vary depending on factors such as the original ore specifications and powder to block ratio, and the specific price needs to be negotiated based on actual orders.
Prediction of future market for phosphate ore
At present, the overall trading atmosphere in the domestic phosphate ore market is mild, with downstream users mainly purchasing according to demand and quantity. The overall market news is relatively calm. According to the phosphate ore data analyst of Business Society, in the short term, the domestic phosphate ore market prices will continue to maintain a stable trend, and the specific trend still needs to pay more attention to the impact of factors such as demand and downstream shipment.
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