1、 Price trend

According to the bulk data list of business agency, the average price of domestic phosphoric acid on December 24 was 5350 yuan / ton, which was the same as the previous day, up 23.94% compared with the same period last year. On December 24, the phosphoric acid commodity index was 116.94, unchanged from yesterday, down 9.32% from the highest point in the cycle of 128.96 (2019-07-25), and up 28.29% from the lowest point of 91.15 on October 13, 2016. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Product: the phosphoric acid market is weak and stable in the near future. The price of yellow phosphorus at the raw material end fell slightly, the support strength was weakened, and the downstream replenishment was mainly based on demand, and the actual trading was average. According to the monitoring of the business association, as of December 24, the average market price of 85% industrial purified water phosphoric acid was about 5350 yuan / ton, and the mainstream price was about 4700-5800 yuan / ton. Some enterprises adjusted their prices according to themselves.

Industrial chain: in recent years, the phosphorus ore market has continued to maintain stable consolidation, weak operation, and the supply of goods is basically normal. As far as the current market is concerned, most of the mining enterprises are in the state of limited production and guaranteed price. Some of the mining enterprises in Hubei Province have recently shut down and are close to the annual close. It is expected that the phosphorus ore market will not improve in a short period of time, and it is still weak and stable. The market price of yellow phosphorus fell slightly. In recent years, some enterprises in Guizhou have plans to resume production, and it is expected that the price of yellow phosphorus will be mainly in weak operation.

Industry: according to the price monitoring of the business agency, in the 50th week of 2019 (12.16-12.20), there are 2 kinds of rising commodities, 1 kind of falling commodity and 2 kinds of rising and falling commodities. The main commodities that rose were phosphate rock (0.81%) and phosphoric acid (0.63%); the main commodities that fell were yellow phosphorus (- 0.55%). This week’s average was 0.18%.

3、 Future forecast

According to the phosphoric acid analyst of the chemical branch of business society, the price of phosphoric acid is mainly stable and consolidated at present, the support of raw material end is limited, and the terminal demand is not significantly favorable. It is expected that the price of phosphoric acid will remain stable in the short term.