Price Trend
The average price of phosphoric acid was 5066.67 yuan/ton on September 02 and 5266.67 yuan/ton on September 12, up 3.95% compared with the same period last year, up 18.73%.
II. Market Analysis
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Products: Since September, the price of phosphoric acid market has been rising all the way. As of September 12, the average price of 85% industrial purified water phosphoric acid market is about 5266.67 yuan/ton. The price of Hubei Xingfa Group is 5000 yuan/ton, Wengfudazhou is 5000 yuan/ton, Beijing Hangxing Hongda is 5400 yuan/ton, and Guangxi Mingli Group is 5800 yuan/ton. Yuan/ton, Qianrui chemical quotation 4600 yuan/ton, prices have increased in varying degrees. The main reason is that the price of raw material end yellow phosphorus has returned to a high level, the spot supply of local yellow phosphorus market is tight, the trading focus has moved up, phosphoric acid enterprises are supported by raw material yellow phosphorus and bid up, but the downstream demand is limited, the supply of individual enterprises is scarce, the quotation is suspended, and the overall market trading atmosphere is not high, mostly in a wait-and-see state.
Graph.100ppi.com
Industry chain: In the near future, the phosphate ore market has not fluctuated and operated smoothly. The overall market turnover is light. A small number of purchases are made downstream. Enterprises mainly reduce production and guarantee prices. Some enterprises plan to stop production and sale stocks at the end of the month in order to meet the 70th anniversary of the celebration. Yellow phosphorus Market Spot tension, strong wait-and-see sentiment of enterprises, the focus continued to move upwards. At present, the mainstream quotation of yellow phosphorus in Yunnan is 18,000-20,000 yuan/ton. The mainstream quotation in Sichuan is about 17800 yuan/ton. The downstream ammonium phosphate market continued to be weak and prices fell again.
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Industry: According to the price monitoring of business associations, in the 35th week of 2019 (9.2-9.6), the price of phosphorus chemical industry rose and fell by two kinds of commodities, falling by one, and falling by two kinds of commodities. The main commodities rising were yellow phosphorus (11.51%) and phosphoric acid (3.95%); the main commodities falling were diammonium phosphate (-1.08%). This week’s average rise and fall was 2.88%.
3. Future Market Forecast
Phosphoric acid analyst of Business Society Chemical Branch believes that with the market demand for yellow phosphorus improving and the overall focus upward, phosphoric acid enterprises are well supported by the raw material end, and phosphoric acid is expected to fluctuate with the narrow range of cost in the short term.
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