Narrow adjustment of phosphoric acid market price this week (2.14-2.18)

1、 Price trend

 

According to the bulk data list of business society, the average price of domestic phosphoric acid on February 18 was 9666.67 yuan / ton, down 200 yuan / ton from 9866.67 yuan / ton at the beginning of the week, down 2.03% during the week and up 91.42% compared with the same period last year.

 

2、 Market analysis

 

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The phosphoric acid market was generally stable this week, with individual adjustments. This week, the price of raw material yellow phosphorus was temporarily stable and the support was OK. Most phosphoric acid enterprises returned to the market. Except for some areas in the North affected by the Winter Olympic Games, the commencement was delayed and the overall commencement of the market increased gradually, but the downstream demand continued to wait-and-see, the heat of inquiry was not high, and the trading was not warm. According to the monitoring of business agency, the current quotation in Sichuan is 9500-10000 yuan / ton, that in Yunnan is about 9000-9500 yuan / ton, that in Hubei is 10500-11000 yuan / ton, that in Shandong is 10500-11500 yuan / ton, and that in Jiangsu is 9500-12000 yuan / ton.

 

region product Specifications date Price (yuan / ton)

Sichuan region phosphoric acid 85% industrial grade February 18th 9500-10000

Yunnan region phosphoric acid 85% industrial grade February 18th 9000-9500

Jiangsu region phosphoric acid 85% industrial grade February 18th 9500-12000

Hubei region phosphoric acid 85% industrial grade January 30th 10500-11000

Shandong region phosphoric acid 85% industrial grade January 30th 10500-11500

Recently, the domestic phosphorus ore market has been steadily sorted out and operated, the downstream demand has been launched one after another, and the market change in the field is limited. The quotation of 30% grade phosphate rock freight plant in Guizhou is around 660-680 yuan / ton, the price of 28% grade phosphate rock freight plant is around 580-630 yuan / ton, the quotation of 30% grade phosphate rock freight plant in Guangxi is around 630-680 yuan / ton, and the price of 28% grade phosphate rock freight plant is around 570-630 yuan / ton. Phosphorus ore analysts of business society believe that in the short term, the domestic phosphorus ore market will mainly adjust and operate in a stable and narrow range, and more attention needs to be paid to the news changes of supply and demand.

 

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On February 17, the reference price of yellow phosphorus was 32375.00, an increase of 0.39% compared with February 1 (32250.00). Recently, the domestic yellow phosphorus market price has been stable. The overall market trading situation is acceptable, there are many downstream inquiries, mainly just need replenishment, and the transaction of new orders is limited. It is expected that the price of yellow phosphorus will mainly run at a high level in the short term.

 

3、 Future forecast

 

According to the phosphoric acid analyst of the chemical branch of business society, at present, most enterprises have started work, and the raw material price is temporarily stable, while the downstream market remains on the sidelines and just needs to purchase. It is expected that the phosphoric acid price will continue to maintain a stable trend in the short term.

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