The market price of yellow phosphorus decreased slightly this week (1.14-1.21)

1、 Price trend

 

According to commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus fell this week. The average price of yellow phosphorus was 16900 yuan / ton last Thursday and 16733.33 yuan / ton this Thursday. The price fell by 0.99% during the week.

 

2、 Market analysis

 

This week, the overall trend of domestic yellow phosphorus market was downward, the spot market tension was eased, the business owners issued early orders, the transaction of new orders on the floor was limited, and the replenishment of small orders was mainly sporadic. Up to now, the mainstream price of yellow phosphorus in Yunnan is about 16600 yuan / ton; the mainstream price in Sichuan is about 16900 yuan / ton; the mainstream price in Guizhou is about 16700 yuan / ton.

 

In terms of raw materials, the domestic phosphorus ore market as a whole is stable, and the downstream procurement is mainly cautious. The price of Xifeng phosphate ore in Guizhou Province is stable. The price of 30% low-grade phosphate ore is 340 yuan / ton, which is basically the same as that of a week ago. At present, the market is still weak and the shipment volume is average.

 

In terms of coke, up to now, Shandong, Shanxi and other major production areas have implemented the fourteenth round of price increase, with a total of 900 yuan / ton in the fourteenth round. At present, coking enterprises are making good profits, starting work actively and selling well. Shandong Zibo coke (secondary metallurgical coke) market price, the mainstream price is about 2640 yuan / ton, 100 yuan / ton higher than the previous trading day, 450 yuan / ton higher than the same period last month. In the market price of coke in Taiyuan, Shanxi Province, the mainstream price of secondary metallurgical coke is 2590 yuan / ton, which is 100 yuan / ton higher than the previous trading day and 450 yuan / ton higher than the same period last month; the mainstream price of quasi primary metallurgical coke is 2640 yuan / ton, which is 100 yuan / ton higher than the previous trading day and 450 yuan / ton higher than the same period last month.

 

This week, the phosphoric acid market continued to be stable, with few new orders in the market, stable prices and main orders. It is expected that the phosphoric acid market will be stable in the short term.

 

3、 Future forecast

 

Yellow phosphorus analysts from the chemical branch of business society believe that the price of yellow phosphorus will fall this week. At present, the tight spot market has been eased, and the business owners issue orders in the early stage, with a small amount of replenishment in the downstream. It is expected that the price of yellow phosphorus will be weak in the near future.

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