Price Trend
According to commodity data monitoring, yellow phosphorus prices rose in July. At the beginning of the month, the average price of yellow phosphorus was 14933.33 yuan/ton, and at the end of the month, it was 22,000 yuan/ton. The price rose within the month by 47.32%.
| Sulfamic acid |
II. Market Analysis
Product: The price of yellow phosphorus has risen sharply this month. At the beginning of July, the price of yellow phosphorus in Yunnan-Guizhou region was still about 147-149 million yuan/ton. However, the price of yellow phosphorus caused by environmental protection regulation rose sharply, rising nearly 10,000 yuan/ton in only half a month, and the high price in mid-July was about 25,000-26,000 yuan/ton. At the end of July, the price fell back to about 22,000 yuan/ton. At present, there is a strong wait-and-see atmosphere in the yellow phosphorus market, the enthusiasm of downstream factories to buy is low, the mentality of traders is unstable, and the negotiation space of the market is increased.
Industry chain: The upstream phosphorus ore market equipment is running normally this month. The taxable quotation of 30% grade phosphate ore in Guizhou is 350-450 yuan/ton, while that of 30% grade phosphate ore in Hebei is around 520 yuan/ton. The main market price of Panzhihua coke (secondary metallurgical coke) is 2080 yuan/ton. Downstream phosphoric acid enterprises start at a low level, with tight spot supply, urgent stock of raw materials, difficult to find supply, high offer from the holder, strong wait-and-see atmosphere of phosphoric acid enterprises, and low enthusiasm for purchasing high-price sources.
| sulphamic acid |
3. Future Market Forecast
The yellow phosphorus analyst of the business society chemical branch believes that the domestic yellow phosphorus market has begun to tilt downward, and the overall trend is general. At the present stage, yellow phosphorus has low start-up rate, low inventory and tight supply. However, the downstream enthusiasm for yellow phosphorus purchasing has decreased, TRADERS’mentality is unstable, and the market negotiation space has increased. The price of yellow phosphorus is expected to decline slightly or run steadily.