1、 Price trend

 

According to the bulk data list of the business cooperative, the price of thermal phosphoric acid market rose in a volatile manner this week. As of December 16, the average price of 85% industrial thermal phosphoric acid in China was 9333 yuan/ton, up 2.10% from the average price of 9141 yuan/ton on December 12.

 

Mainstream market:

 

As of December 16, the ex factory quotation of 85% thermal phosphoric acid in Sichuan was about 9250 yuan/ton, that of 85% thermal phosphoric acid in Yunnan was about 9300 yuan/ton, and that of 85% thermal phosphoric acid in Hubei was about 9600-9900 yuan/ton. The market quotation of 85 content WPA in Nanjing is about 9600 yuan/ton, and the factory quotation of 85 content WPA in Hubei is about 8600 yuan/ton.

 

2、 Market analysis

 

Cost side:

 

Yellow phosphorus market prices rose this week. At present, the power restriction in Guizhou is intensifying, the yellow phosphorus output is declining, and some manufacturers in Yunnan are parking, so the market supply is also tight, and the price of yellow phosphorus is rising. Up to now, the mainstream quotation of Yunnan yellow phosphorus is about 34000 yuan/ton; The mainstream quotation of Sichuan yellow phosphorus is about 34000 yuan/ton; The mainstream quotation of Guizhou yellow phosphorus is about 34000 yuan/ton.

 

In terms of raw phosphorous ore, the domestic phosphorous ore market was generally stable this week. The information on the site was relatively calm, the overall change in supply and demand was small, the supply side was still tight, and the demand side just needed to purchase. Near the end of the year, some mining areas in China will stop mining, and the orders for next year will mainly be pre received. The quotation will also continue to the beginning of next year. As of December 16, the domestic market price of 30% grade phosphate rock is around 1030-1080 yuan/ton, and the price of 28% grade phosphate rock is around 950-980 yuan/ton. The reference price of 32% grade phosphate ore is around 1150-1250 yuan/ton.

 

Demand side:

 

The downstream demand of phosphoric acid is fair this week, the market situation is good, and the trading volume on the market is increased. In the near future, the price of phosphoric acid has risen steadily, and the downstream began to stock up under the mentality of buying up rather than buying down. However, due to the epidemic situation, transportation has a certain impact, and the industry is mainly cautious.

 

3、 Future market forecast

 

The phosphoric acid analysts of the business community believe that due to the rising price of raw yellow phosphorus, the cost support is strong, the phosphoric acid market is the main player in the trend, and the downstream purchases on demand, with a small amount of stock. It is expected that phosphoric acid will continue to rise in the short term. It is suggested to pay attention to the trend of raw materials and changes in the demand side.

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