Yellow phosphorus prices continued to decline this week (1.7-1.14)

1、 Price trend

 

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According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou decreased. The average price of yellow phosphorus was 34333.33 yuan / ton last Friday and 31500 yuan / ton this Friday. The price decreased by 8.25% during the week.

 

2、 Market analysis

 

Yellow phosphorus prices continued to fall this week. Downstream purchase prices are depressed, and some manufacturers do not make external quotations temporarily, so the trading atmosphere in the venue is relatively stalemate. The overall market is dominated by stable consolidation and operation, with strong wait-and-see mood. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 30500-32000 yuan / ton; The mainstream quotation in Sichuan is about 32000 yuan / ton

 

This week, the domestic phosphate rock market was consolidated and operated at a high level. Near the Spring Festival, there was little change in the on-site supply, and the commencement remained low. The phosphate rock was mainly used for its own use or contract users. As of January 14, the domestic phosphate rock Market in Guizhou has operated stably. The price of 30% grade phosphate rock freight plant is around 630-680 yuan / ton, the price of 28% grade phosphate rock freight plant is around 580-620 yuan / ton, and the price of 22% grade phosphate rock platform is around 290-310 yuan / ton. In Hubei, China, phosphate rock mines are arranged and operated, and the quotation of 30% ammonium phosphate rock ship board is 680 yuan / ton. In Guangxi, the phosphate ore market operates steadily, and the factory price of 30% phosphate ore is around 640-680 yuan / ton. In Hubei, the phosphate ore market is in high order, and the quotation of 30% ammonium phosphate ore truck plate is 660-680 yuan / ton.

 

In terms of coke, according to the price monitoring of business society, the price of primary metallurgical coke in Shanxi was 2994 yuan / ton and that of secondary metallurgical coke was 2938 yuan / ton on January 14. This week, a total of 200 yuan / ton was raised in the coke market. Some coking enterprises in Shandong and Jiangsu started the fourth round of 200 yuan / ton from 0:00 on January 14. Shanxi and Hebei also started the fourth round of increase on Friday. At present, the scope of increase is gradually expanding. Affected by the tight purchase of coking coal and the environmental protection inspection carried out in some areas, the coke supply has been slightly tight recently, the overall commencement is still low, and the inventory in the plant is generally low. In terms of downstream steel mills, the recent resumption of production is good. Affected by road transportation, the recent arrival situation is slightly tense. The steel mills have high purchase intention, and most of them actively replenish the warehouse. Under the environment of tight supply and good demand, the coke market as a whole is expected to remain stable, medium and strong.

 

Sulfamic acid 

In terms of phosphoric acid, the market price of phosphoric acid is temporarily stable, some enterprises still have downward performance, and the market focus moves downward. At present, the price of raw material yellow phosphorus continues to decline, and the lowest price is about 30000 yuan. The cost support is declining. Moreover, near the Spring Festival, the downstream demand is gradually reduced. In addition, public health events affect the commencement of construction in some areas, the cost demand is weak, and the market price of phosphoric acid is falling in the range of 9500-12500 yuan / ton.

 

3、 Future forecast

 

Yellow phosphorus analysts from the chemical branch of business agency believe that the price of yellow phosphorus continues to fall this week. At present, the manufacturers have strong willingness to support the price, and the low-end price will not receive the goods temporarily. The overall market is relatively deadlocked. It is expected that the price stability will be maintained in the short term.

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