According to data monitoring by Business Society, as of March 6, 2023, the reference average price of 30% grade phosphate ore in China was around 1062 yuan/ton. Compared with March 1 (reference price of 1052 yuan/ton for phosphate ore), the basic price increased by 10 yuan/ton, an increase of 0.95%.
From the monitoring chart of Business Society data, it can be seen that in early March, the overall domestic phosphate ore market showed a slight upward trend. Some mining enterprises in certain regions of China raised the prices of mid to high end grade phosphate ore market narrowly, driving the overall focus of negotiations in the phosphate ore market upward. Among them, some mining enterprises in Sichuan increased the price of 30 grade phosphate ore by about 10-30 yuan/ton, while some mining enterprises in Guizhou increased the price of 30 grade phosphate ore by about 20 yuan/ton, The phosphate ore markets in Yunnan and Guangxi regions continue to maintain stable operation, and there are still some mines that have not started construction yet. As of March 6th, the domestic market price for 30 grade phosphate ore is around 1000-1100 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 trading atmosphere inside the phosphate ore field is mild, and the recovery of downstream demand is still relatively slow. The demand support for phosphate ore is generally boosted, but as the weather gradually warms up, downstream demand will continue to be released. The phosphate ore data analyst from Business Society believes that in the short term, the domestic phosphate ore market will continue to operate at a high and strong level, 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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