The price of phosphoric acid in the first half of November was stable and expected rising (11.01-11.15)

I. price trend


The average price of phosphoric acid was 5333.33 yuan / ton on November 1 and 5400 yuan / ton on November 15, according to the bulk data list of the business agency. The market of phosphoric acid remained stable as a whole, up 1.25% slightly, up 25.1% compared with the same period last year


II. Market analysis


ferrous fumarate price

Product: in November, phosphoric acid market is still consolidation oriented, with a steady rising trend. Due to the fluctuation of the cost of raw materials, the price of phosphoric acid rose tentatively. However, the downstream demand is not high, and the overall market trading is still tepid, with occasional new orders. At present, there is no obvious positive support for the price of phosphoric acid. According to the monitoring of business association, as of November 15, the average market price of 85% industrial purified water phosphoric acid was about 5400 yuan / ton, and the mainstream price was about 4700-5800 yuan / ton. Prices across the country are generally stable, mainly on a wait-and-see basis, and the overall market is light.


Industry chain: since the beginning of November, phosphorus ore market has been in a weak state of consolidation, downstream market demand is still weak, on-site trading is weak, enterprises sporadically supply orders from old customers, continue to digest inventory, new orders are scarce, and the pressure on mine inventory has been large. The yellow phosphorus market is temporarily stable. Some enterprises offer high-end prices, and the market price is stable. The market situation is slightly stable and tends to be strong. The market is not warm and the market is not hot. Some enterprises in the whole market are slightly low in price, and most enterprises wait and see.


Industry: according to the price monitoring of the business agency, in the 44th week of 2019 (11.4-11.8), there are 15 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector, among which there are 2 kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top 3 commodities are R22 (7.76%), acetone (5.71%) and chloroform (2.83%) There are 36 kinds of commodities falling on a month on month basis, with 5 kinds of commodities falling by more than 5%, accounting for 5.9% of the number of commodities monitored in the sector; the top three products falling are epichlorohydrin (- 8.77%), ammonium sulfate (- 7.84%) and hydrogen peroxide (- 7.21%) This week’s gains and losses were – 0.68%.


Ferrous Fumarate

III. future forecast


According to the phosphoric acid analyst of business and chemical branch, due to the insufficient support of raw material end cost and limited end demand, phosphoric acid enterprises are mostly in a wait-and-see state, and the price is expected to maintain stability and consolidation, and it is expected that the price of phosphoric acid will still maintain stability and consolidation in the short term.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>