1、 Price trend

According to the data monitoring of the business agency, on February 25, the operation of the domestic phosphorus ore market was temporarily stable, and the market price of 30% grade phosphorus ore was around 350-440 yuan / ton based on the quotation in the comprehensive sample area, which was basically the same as that a week ago. On February 24, the phosphorus ore commodity index was 74.01, unchanged from yesterday, down 37.17% from 117.80 (2012-07-09), the highest point in the cycle, and up 44.04% from 51.38, the lowest point on December 24, 2018. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Products: at present, the trading and investment in the phosphorus chemical industry market has slightly improved, the downstream enterprises are gradually back to work, and the overall market demand is gradually improving, but at present, the commencement of the phosphorus ore market is slow, most of the on-site enterprises have not yet resumed production, and the overall commencement still remains low, there are not many new orders on-site, and the recovery of the transaction is slow, mainly to digest inventory. At present, in Guizhou Province, the price of phosphate rock in Fuquan Huifa Mining Co., Ltd. is stable. The price of 30% grade phosphate rock car board is 350 yuan / ton; the price of 28% grade phosphate rock car board is 310 yuan / ton; the reference price of 30% grade phosphate ore train platform in Kaiyang Guanglong Mining Co., Ltd. is 350 yuan / ton. Hubei Province: the reference price of 28% grade phosphorus ore in Liushugou is 380-390 yuan / ton, and the reference price of 30% grade phosphorus ore is 430-440 yuan / ton. At present, the market is mainly weak.

Industry chain: at present, the supply shortage of yellow phosphorus market is intensified, and the quotation of yellow phosphorus enterprises is greatly increased. At present, the mainstream quotation of Yunnan yellow phosphorus is about 17600 yuan / ton. The main quotation in Sichuan is about 17000 yuan / ton. The main quotation of yellow phosphorus in Guizhou is about 17200 yuan / ton. Yellow phosphorus enterprises started to improve to some extent, but the spot supply is still tight, the market price or a small amount of space to explore.

3、 Future forecast

According to the analysis of the data division of the business association, as many mining enterprises have not yet started, and the commencement time is mostly extended to the end of the month or the beginning of the next month, it is expected that today’s phosphorus ore market is dominated by weak and stable operation. Subsequently, with the resumption of the market, the supply of raw materials will be released. In addition, the market is expected to maintain a strong upward space in spring.