1、 Price trend

According to the bulk data list of the business agency, the average price of phosphoric acid on December 23 was 5350 yuan / ton, and the average price on December 23 was 5350 yuan / ton, with a stable trend in the week, up 23.94% compared with the same period last year. On December 27, 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

Products: phosphoric acid enterprises have been in a weak and stable consolidation in the near future. Some enterprises adjust their quotations according to themselves, but the market is generally stable. At present, the price of yellow phosphorus at the end of raw materials is slightly loose, and the wait-and-see mentality of phosphoric acid enterprises is still the same, and the price fluctuates with the cost side. At present, the price of phosphoric acid is still at a high level, which is much higher than that of previous years. There is no obvious improvement in terminal demand. The trading in the market is flat, and the focus of individual transactions is lower. According to the monitoring of the business association, as of December 27, 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, with little fluctuation.

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 business agency, in the 51st week of 2019 (12.23-12.27), there are 0 rising commodities, 3 falling commodities, and 2 rising and falling commodities. The main commodities falling were phosphate rock (- 3.20%), yellow phosphorus (- 3.03%), diammonium phosphate (- 1.11%). This week’s average was – 1.47%.

3、 Future forecast

According to the phosphoric acid analyst of business and social chemical branch, at present, the price of yellow phosphorus at the raw material end is loose, phosphoric acid enterprises are mostly in a wait-and-see state, and the price is mainly weak and stable, and it is expected that the price of phosphoric acid will be slightly reduced by the cost end in the short term.