After a small rise, China’s domestic phosphate rock prices remained stable

According to the data monitoring of business news agency, as of January 12, the average reference price of 30% grade phosphorus ore in mainstream areas in China was around 403 yuan / ton, which was 7 yuan / ton higher than that on January 1 (396 yuan / ton), and 10 yuan / ton higher than that on December 1, 2020 (393 yuan / ton), which was 2.54%.

 

Close to the Spring Festival, the domestic phosphorus ore market is mainly stable

 

In 2021, China’s phosphorus ore market experienced a slight upward trend after the new year’s Day Festival and then kept stable operation. At present, as the Spring Festival approaches, the downstream operation rate gradually weakens, and just needs to purchase. Recently, China’s phosphorus ore market has maintained a stable finishing operation, with a general trading atmosphere in the field, and the mines mainly deal with orders from old customers. As of January 12, the quotation of 30% ammonium phosphate ore boat board in Hubei Province is 380 -In Guizhou area, the quotation of 30% grade phosphate ore is about 320-360 yuan / ton, and the price has been stable for nearly a week; the quotation of 28% grade phosphate ore is about 280-320 yuan / ton, and the transaction price is slightly lower.

 

Downstream, yellow phosphorus, the market early this week to wait-and-see finishing, individual yellow phosphorus enterprises still intend to raise prices, market quotation firm, the current Yunnan Net phosphorus factory acceptance transaction reference 16500 yuan / ton. In terms of phosphoric acid, the market price of phosphoric acid is supported by the rise of raw materials, and the market price is slightly increased. At present, it is mostly in consolidation and operation.

 

New single not much phosphorus ore future stable operation

 

At present, the domestic phosphorus ore market as a whole is mostly stable, with the downstream procurement being cautious. The tide of stock preparation before the festival has not appeared, and there are not many new orders. It is heard that some mines will reduce the operating rate in the near future and keep the mass production conservative. Therefore, the phosphorus ore analysts of the business community believe that the phosphorus ore market will be mainly stable in the near future.

Gamma PGA

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