1、 Price trend

According to the block data list of business news agency, on June 25, the average price of domestic phosphoric acid was 6000 yuan / ton, which was flat compared with the price at the beginning of the week, down 2.96% compared with the beginning of the month, and up 23.29% compared with the same period last year.

2、 Market analysis

This week, the phosphoric acid market was relatively calm, the price of raw material yellow phosphorus fell, phosphoric acid enterprises were on the wait-and-see situation, most of them maintained the early quotation, and those with higher early quotation gradually decreased, but the overall market price was still significantly higher than that of the same period last year. With the reduction of cost pressure, the starting of phosphoric acid enterprises continued to return to normal, and the price was expected to continue to decrease. According to the monitoring of the business agency, as of June 25, the quotation in Sichuan is 5500-5900 yuan / ton, that in Yunnan is 6600-6700 yuan / ton, that in Hubei is 6500 yuan / ton, that in Tianjin is 6400 yuan / ton, that in Jiangsu is 6000-6200 yuan / ton, and that in Shandong is 6000-6300 yuan / ton. The price of phosphoric acid in various places has been gradually reduced.

In terms of phosphate rock and raw materials, the price of Yungui phosphate rock increased this week. The average price of phosphate ore was 510 yuan / ton last Thursday and 526.67 yuan / ton this Thursday. The price was increased by 3.27% during the week. The domestic phosphorus ore market is in short supply, and the enterprise owners send early orders. The price of 28% low-grade phosphate rock in Guangxi is around 380-420 yuan / ton, the market atmosphere has improved, and the orders are mainly in the early stage of delivery.

Yellow phosphorus, the price of yellow phosphorus fell first and then stabilized this week. At present, yellow phosphorus enterprises in Yunnan have resumed production one after another, but the recovery of furnaces is very limited, and there are no new enterprises starting this week. The downstream construction has been improved, the stock has increased, and the overall market supply has become tight. Yellow phosphorus prices began to stabilize. Up to now, the price of yellow phosphorus in Yunnan is about 19200-22000 yuan / ton; The price quoted in Sichuan is about 19800-20000 yuan / ton; The price quoted in Guizhou is about 19000-19500 yuan / ton.

3、 Future forecast

According to the phosphoric acid analysts of the chemical branch of business society, the current cost pressure has been reduced compared with the previous period, and the quotation of phosphoric acid enterprises has been gradually reduced, but the wait-and-see mood has not been reduced. It is expected that the phosphoric acid market will follow the decline of raw material prices and steadily decline in the short term.