According to the data monitoring of Business News Agency, as of February 6, 2023, the reference average price of 30% grade phosphate ore in China was around 1056 yuan/ton, which was basically the same as that of January 28, 2023. Compared with June 15, 2022 (the reference price of phosphate ore was 1043 yuan/ton), the price increased by 13 yuan/ton, or 1.21%.

It can be seen from the data monitoring chart of the business agency that the return of the Spring Festival holiday in 2023 will temporarily stabilize the domestic phosphorus ore market. The downstream demand of phosphate rock is relatively slow to open, the overall news of the phosphate rock market is relatively calm, and the phosphate rock industry is multi-dimensional with the pre-festival quotation. As of February 6, 2023, the domestic market price of 30% grade phosphate ore is around 1030-1080 yuan/ton, and the price of 28% grade phosphate ore is around 950-980 yuan/ton. The reference price of 32% grade phosphate ore is around 1150-1250 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 overall trading atmosphere of the phosphorus ore market is relatively quiet. However, with the arrival of the spring planting season, the downstream demand will gradually recover. The phosphorus ore statistician of the business agency believes that in the short term, the domestic phosphorus ore market is mainly stable and strong, and the specific trend needs to pay more attention to the changes in the supply and demand information.