1、 Price trend
| povidone Iodine |
According to the Commodity Market Analysis System of Shengyi Society, as of February 25th, the reference average price of 85% thermal phosphoric acid in China is 6760 yuan/ton, which is 0.60% higher than the reference average price of 6720 yuan/ton on February 18th.
According to the Commodity Market Analysis System of Shengyi Society, as of February 25th, the reference average price of 85% wet process phosphoric acid in China is 7133 yuan/ton, which is stable compared to the reference average of 7133 yuan/ton on February 18th.
2、 Market analysis
Market Aspects
This week, the domestic price of phosphoric acid mainly fluctuated slightly. As of February 25th, the ex factory price of 85% thermal phosphoric acid in Hubei region is around 6600-7000 yuan/ton, and the ex factory price of 85% thermal phosphoric acid in Sichuan region is around 6600-6800 yuan/ton. The domestic market price for 85% wet process phosphoric acid is around 6650-7300 yuan/ton.
In terms of cost
In terms of raw material yellow phosphorus. The market price of yellow phosphorus has fallen this week. At present, the supply of yellow phosphorus in the market is loose, and downstream demand for replenishment is high, resulting in low purchasing intentions and mostly low-priced transactions. Short term domestic yellow phosphorus prices are expected to remain weak.
Raw material phosphate rock market. The phosphate ore market has remained stable this week, maintaining a high and steady operation. At present, the market supply and demand are balanced, and market trading is still acceptable. It is expected that domestic phosphate rock prices will continue to operate steadily in the short term.
Supply and demand side
The supply and demand balance in the phosphoric acid market this week. At present, the supply of phosphoric acid in the market is stable, with stable shipments on the demand side and downstream replenishment mainly for urgent needs. Expected to maintain a balance between supply and demand in the short term.
3、 Future forecast
The phosphate analyst from Shengyi Society believes that the recent phosphate market has experienced narrow fluctuations, with overall stability being the main factor. The price of raw material yellow phosphorus has decreased, and there is insufficient cost support. The market transaction atmosphere is good, and the transaction volume is still acceptable. It is expected that the short-term phosphoric acid market will mainly experience consolidation and operation.
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