1、 Price trend

According to the bulk data list of business agency, the average price of domestic phosphoric acid on January 20 was 5316.67 yuan / ton, which was the same as the previous day, up 23.17% compared with the same period last year. On January 19, the phosphoric acid commodity index was 116.58, unchanged from yesterday, down 9.60% from the highest point in the cycle of 128.96 (2019-07-25), and up 27.90% from the lowest point of 91.15 on October 13, 2016. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Products: before the Spring Festival, the phosphoric acid market is in a weak and stable operation, with few market trading and limited trading volume. Enterprises have holidays one after another, and the market is in a closed state, with price consolidation as the main factor and little change. According to the monitoring of the business association, as of January 20, the average market price of 85% industrial purified water phosphoric acid was about 5316.67 yuan / ton, and the mainstream price was about 4700-5700 yuan / ton, with stable prices in all regions.

Industrial chain: at present, yellow phosphorus enterprises basically stop trading, and the operating rate is decreasing. According to the yellow phosphorus analyst of the chemical branch of business society, the yellow phosphorus trading will gradually decrease until the end of the year, and the price reference is not significant. At present, yellow phosphorus driving is common in all regions, and the recent focus is on the market start-up after the Spring Festival. In the near future, the phosphorus ore market was light before the year, and it is expected that the phosphorus ore market will remain relatively stable before the festival, and the market fluctuation will not be too large. The phosphate market remained stable for the time being, with limited market start-up.

Industry: according to the price monitoring of the business agency, in the 2nd week of 2020 (1.13-1.17), 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 yellow phosphorus (0.60%) and phosphoric acid (0.31%); the main commodities that fell were monoammonium phosphate (- 0.87%). This week’s average was 0.01%.

3、 Future forecast

According to phosphoric acid analyst of business and chemical branch, the market turnover is limited near the Spring Festival, and it is expected that the price trend of phosphoric acid will still run smoothly before the festival.