1、 Price trend

According to the block data list of business news agency, on March 29, the average price of domestic phosphoric acid was 5250 yuan / ton, which was the same as that at the beginning of the week and the same month on month, with a decrease of 1.56% compared with the same period last year.

2、 Market analysis

This week, the market price of phosphoric acid was generally stable, with sporadic downward trend. The price of raw material yellow phosphorus has been reduced recently, but the support is still there. Most of the manufacturers hold firm and wait to see the market. Some enterprises have slightly reduced their quotations to seek benefits, but the downstream demand is relatively flat. Therefore, the market transaction atmosphere is not warm and the market is stable and weak. According to the monitoring agency in Beijing, the price is about 5 500-5 500 yuan / ton, and the price is about 5 500-4 800 yuan / ton in Beijing.

Regional ﹣ product specification ﹣ date ﹣ price (yuan / ton)

Sichuan Province: 85% industrial grade – 4800-5550

Hubei Province: 85% industrial grade 5100-5400

Yunnan Province: 85% industrial grade 5100-5200

The content of ﹣ phosphoric acid in Guangxi: 85% industrial grade ﹣ 5000-5200

Beijing and Tianjin: 85% industrial grade – 4800-5900

This week, the overall trend of the domestic yellow phosphorus market was down, the inquiry in the yellow phosphorus market was general, the trading was light, and the wait-and-see mood of traders was obvious. Downstream customers mainly purchase on demand, new orders are limited, and the price is slowly declining. Up to now, the mainstream price of yellow phosphorus in Yunnan is about 17000 yuan / ton; the mainstream price in Sichuan is about 17500 yuan / ton; the mainstream price in Guizhou is about 16800 yuan / ton. The price of coke market declines, and the support for yellow phosphorus is weak. The downstream market is mainly wait-and-see, and the goods are taken carefully. It is expected that the price of yellow phosphorus will decrease slightly in the short term.

This week, the market atmosphere in most parts of China’s phosphorus ore market has improved, and orders are mainly in the early stage of delivery. The price of 28% low-grade phosphate rock in Guangxi is around 300-340 yuan / ton, which is basically the same as a week ago. Guizhou Qidu Tiancheng mining phosphate rock price stable, 22% low-grade phosphate ore platform price 180 yuan / ton, the price is the same as a week ago. Fuquan Huifa mining phosphate rock price dynamics, 28% grade phosphate ore quoted 330 yuan / ton, the current enterprise supply and demand is basically normal.

3、 Future forecast

According to the phosphoric acid analysts of Shangshe chemical branch, the price of raw material yellow phosphorus has been reduced, and the supporting force has gradually weakened. The phosphoric acid market is cautious and wait-and-see, with more stable declines. At present, the downstream demand is relatively flat, and the market transaction atmosphere is tepid. It is expected that the price of phosphoric acid will decline steadily in the short term.