1、 Price trend

 

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According to the bulk data list of the business cooperative, the market price of thermal phosphoric acid fell slightly this week. As of December 25, the average price of 85% industrial thermal phosphoric acid in China was 9333 yuan/ton, which was 0.36% lower than the average price of 9300 yuan/ton on December 19.

 

Mainstream market:

 

As of December 25, the ex factory quotation of 85% thermal phosphoric acid in Sichuan was about 9000-9300 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 9000-9800 yuan/ton. The domestic market quotation of 85% wet process phosphoric acid is about 8600-9600 yuan/ton.

 

2、 Market analysis

 

Cost side:

 

This week, the focus of the domestic market of raw material yellow phosphorus was downward, the overall market trading and investment situation was average, and the logistics in some regions was blocked. Downstream inquiries have increased, but the delivery of goods is more cautious. Most enterprises do not make external quotations and mainly supply early orders. Up to now, the mainstream quotation of 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 the supply and demand side 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 25, 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:

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The downstream demand of phosphoric acid is general this week, and the market is mainly wait-and-see, with few deals on the market. In the near future, the trend of phosphoric acid raw materials is weak, and the enthusiasm for downstream goods preparation is weakened. The industry is mainly cautious in operation.

 

3、 Future market forecast

 

Phosphoric acid analysts from the business community believe that the phosphoric acid market trend has slightly declined due to the fall in the price of raw yellow phosphorus and the weakening of cost support. Downstream purchase on demand and prepare a small amount of goods. It is expected that the price of phosphoric acid will be stable in the short term. It is suggested to pay attention to the trend of raw materials and the change of demand side.

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