1、 Price trend

According to the list of bulk data of business agency, the average price of domestic phosphoric acid on March 20 was 5322.33 yuan / ton, a slight decrease of 0.31% compared with 5350 yuan / ton on the 16th of the week, and the index of phosphoric acid commodity on March 22 was 116.58, flat with yesterday, down 9.60% from 128.96 points (2019-07-25) in the cycle, and up 27.90% from 91.15 points, the lowest point on October 13, 2016. (Note: cycle refers to 2011-09-01 to now) / P >

2、 Market analysis

Product: the price of yellow phosphorus at the raw material end continued to be lowered this week, and the market price of phosphoric acid slightly decreased with the cost end. At present, the terminal demand is general, the phosphoric acid market is weak, the trading center is slightly low, some of the early quotations are high, the manufacturers reduce the prices, the market enthusiasm is not high, watch carefully. According to the monitoring of the business association, as of March 20, the average market price of 85% industrial purified water phosphoric acid was about 5300 yuan / ton, that of Sichuan was about 4700-5300 yuan / ton, that of Guangxi was about 5350 yuan / ton, that of Beijing was about 5400 yuan / ton, and that of all regions was mostly about 4700-5700 / ton. The market situation was weak, and some manufacturers lowered about 50 yuan.

Industry chain: at present, the yellow phosphorus market continues to be dominated by weak consolidation operation, with general on-site trading. The factory acceptance of net phosphorus in Yunnan Province is about 16800-17100 yuan / ton, including the latest quotation of 17000 yuan / ton for Yunnan Pingbian yellow phosphorus plant. This week, the phosphorus ore market fluctuated slightly, and the overall stable operation is the main factor. At present, the phosphorus ore market in Guizhou has basically recovered, but the operating rate of production enterprises is not high, and low and medium load production is mainly for self use. The demand of phosphate Market is poor, and the confidence in the market is insufficient.

Industry: according to the price monitoring of the business association, in the 11th week of 2020 (3.16-3.20), there are 15 kinds of commodities rising month by month in the list of commodity prices in the chemical sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.4% of the number of commodities monitored in the sector; the top 3 commodities are isopropanol (26.40%), acetic anhydride (6.37%) and dichloromethane (5.38%). There are 39 kinds of commodities falling on a month on month basis, 14 kinds of commodities falling by more than 5%, accounting for 16.1% of the number of commodities monitored in this sector; the top three products falling are pure benzene (- 17.60%), chloroform (- 15.79%) and crude benzene (- 14.52%).

3、 Future forecast

According to the phosphoric acid analyst of the chemical branch of the business society, the yellow phosphorus at the raw material end is down, the phosphoric acid market goes with the market, and the price is down slightly, with little change. The phosphoric acid market is expected to remain weak and stable in the short term.