1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou decreased this month. The average price of yellow phosphorus at the beginning of the month was 39333.33 yuan / ton, and the average price at the end of the month was 37000 yuan / ton. The price decreased within the month by 5.93%.

2、 Market analysis

The price of yellow phosphorus first fell and then rose this month. On the whole, the price of Yunnan Guizhou yellow phosphorus decreased. Due to the rapid rise in the price of yellow phosphorus in February, the downstream has been more resistant to the high price of yellow phosphorus since March. The inquiry is general and the purchase is cautious. The price of yellow phosphorus manufacturers has fallen all the way. Until late March, the price of yellow phosphorus began to rebound from the bottom due to the news of security inspection and production reduction in Guizhou. Up to now, the mainstream quotation of yellow phosphorus is about 37000 yuan / ton. The overall market trading situation of yellow phosphorus improved, and yellow phosphorus enterprises mainly issued early orders. The downstream just needs replenishment, the spot is tight, and the transaction price of new orders is higher.

In terms of phosphate rock, since March, the domestic phosphate rock market has ushered in two significant increases. At the beginning of March, the domestic phosphate rock market operated steadily at a high level, the phosphate rock supply side was tight as a whole, and the trading atmosphere in the phosphate rock yard was good. On the 10th, the domestic phosphorus ore as a whole ushered in the first rise in March. Subsequently, the market continued to operate at a high level, with good demand in the downstream market of the terminal, further supporting the market. On the 21st, the domestic phosphorus ore market was close to the high-end again, and the market price of 30% grade phosphorus ore was around 680-750 yuan / ton. At present, the supply in the phosphate rock quarry continues to be tight, the downstream demand is good, and the trading atmosphere is mild. p>

In terms of coke, according to the monitoring data of business society, the current reference price of coke is 3338.00, up 21.91% compared with March 1 (2738.00). The coke market is in strong operation this month. The current operating rate of coking enterprises has increased to a certain extent, but the overall operation rate is still low. At present, the coke inventory in the plant is generally low. Affected by the difficulty of automobile transportation, the overall coke supply is still tight. In terms of downstream steel mills, the overall production of steel mills has resumed recently, with good start-up, high enthusiasm for goods preparation and good demand for coke. In the environment of tight supply and good demand, it is expected that the coke market will continue to operate stably, moderately and strongly, focusing on the coke inventory in all links and the impact of changes in steel plant operating rate on the coke market.

In terms of phosphoric acid, the reference price of phosphoric acid was 10200.00, the same as that on March 1. This month, the phosphoric acid market mainly operated stably, and the rise and fall were not obvious. The offer of enterprises with low quotation increased, the high-end price was mostly operated stably, and the market wait-and-see mood increased. Up to now, the market price of phosphoric acid is about 9800-11000 yuan / ton.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of business agency believes that the price of yellow phosphorus fell first and then rose this month. The downstream just needs replenishment, and the overall market demand has improved. The price of upstream phosphate rock rose, the coke market rose, and the cost support was strong. It is expected that yellow phosphorus will mainly run at a high level in the short term.