According to the data monitoring of the Business Agency, as of March 8, 2023, the reference average price of 30% grade phosphate ore in China is around 1092 yuan/ton; Compared with March 1 (the reference price of phosphate rock was 1074 yuan/ton), the price increased by 18 yuan/ton, or 1.68%; Compared with December 8 (the reference price of phosphate rock was 1056 yuan/ton), the price increased by 36 yuan/ton, or 3.41%.
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It can be seen from the data monitoring chart of the Business Agency that this week (3.03-3.08), the domestic phosphorus ore market as a whole saw a slight rise. With the coming of the spring planting season, the demand for phosphate fertilizer downstream of the phosphate rock terminal will also gradually increase. The demand side will give more support to the phosphate rock. The supply in the phosphate rock field will continue to be tight. With the joint support of supply and demand, the overall focus of the domestic market of medium-high grade phosphate rock will continue to close up. As of March 8, the domestic market price of 30% grade phosphate rock will be around 1050-1150 yuan/ton, The price of 28% grade phosphate rock is around 960-990 yuan/ton. The reference price of 32% grade phosphate ore is around 1180-1250 yuan/ton. There is also a gap between the specific price and the raw ore specification and the powder to lump ratio, and the specific price needs to be negotiated on a real basis.
Prediction and analysis of the future trend of phosphate rock
At present, the trading atmosphere in the phosphate ore field is mild, and the operators are in a good mood. Some mining enterprises continue to deliver preliminary orders. The phosphorus ore statistician of the business agency believes that in the short term, the domestic phosphorus ore market will remain high and strong as a whole, and the specific trend needs to pay more attention to the changes in the supply and demand information.
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