1、 Price trend

According to the block data list of business news agency, the average price of domestic phosphoric acid on February 26 was 5150 yuan / ton, up 1.98% from 5050 yuan / ton at the beginning of the month, and down 4.04% from the same period last year.

2、 Market analysis

In February, the phosphoric acid market was stable and upward, and rose after the festival. On the eve of the Spring Festival, the market price of raw material yellow phosphorus was basically stable with a slight increase, and the downstream demand gradually stagnated. Traders stopped work for holidays, and the market as a whole was closed. Therefore, the price of phosphoric acid was mainly stable before the Spring Festival. In the first week after the festival, the price of raw materials did not fluctuate much, and the festival atmosphere had not yet subsided. The price of phosphoric acid remained at the pre Festival level in many ways, and the attitude of the industry was relatively calm, waiting for the market. In late February, the price of raw material yellow phosphorus rose steadily, and the industry basically returned to the market. Under the mentality of buying up but not buying down in the downstream, the heat of inquiry increased, and just needed to replenish after the festival. Phosphoric acid enterprises actively increased, but due to insufficient follow-up on the demand side, the increase range was mostly 50-150 yuan / ton, and the market was positive.

In March, the phosphoric acid market continued to rise. According to the monitoring of the business agency, as of March 3, the quotation in Sichuan was about 4900-5550 yuan / ton, that in Yunnan was about 5100 yuan / ton, that in Beijing was about 4800 yuan / ton, that in Hubei was about 5100-5400 yuan / ton, that in Tianjin was about 5900 yuan / ton, and that in Guangxi was about 5200-5400 yuan / ton The price is rising in recent years.

Regional products rose and fell from February 26 to February 1

85% industrial grade phosphoric acid in Sichuan Province ﹣ 5000-5550 ﹣ 4900-5500 ﹣ 50-100

Hubei Province: 85% industrial grade phosphoric acid: 5000-5400-4900-5200-100-200

85% industrial grade phosphoric acid in Guangxi: 5000-5400-5000-5200-200

85% industrial grade phosphoric acid in Beijing Tianjin region 4700-5600 4800-5900 100-300

In March, with the arrival of spring ploughing season, the demand of phosphate fertilizer industry in the downstream of domestic phosphate ore will continue to increase, which will give support to the phosphate ore industry. Therefore, the phosphate ore Data Engineer of business society believes that the phosphate ore market will continue to operate at a high and stable level in the short term, and with the increase of downstream demand, the market price is still likely to continue to rise.

Yellow phosphorus rose by 3.05% in February. On March 2, the reference price of yellow phosphorus was 17600.00, up 2.03% compared with March 1 (17250.00). At present, the spot of yellow phosphorus is tight, and the downstream is suitable for purchasing. In addition, the downstream pesticide market is up, boosting the price of yellow phosphorus. It is expected that the price of yellow phosphorus will rise steadily in the short term.

3、 Future forecast

According to the phosphoric acid analysts of the chemical branch of business society, at present, the price of raw materials is rising and there is still an expectation of rising. The cost side is strong to support the market. The overall rising atmosphere of the phosphoric acid market is strong. With the recovery of future demand, it is expected that the phosphoric acid market will continue to rise in the short term.