1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou decreased. The average price of yellow phosphorus was 43500 yuan / ton at the beginning of the week and 42000 yuan / ton at the weekend. The price decreased by 3.45% during the week.

2、 Market analysis

Yellow phosphorus prices fell this week. The overall market trading is light, the transaction price drops, the downstream purchases on demand, and the trading volume of new orders is small. Up to now, the mainstream quotation of yellow phosphorus is about 43000 – 44000 yuan / ton. For the ex factory acceptance transaction of net phosphorus, refer to around 40500-41000 yuan / ton. The downstream is more resistant to high price yellow phosphorus, and the overall market demand is weakened.

In terms of phosphate rock, according to the data monitoring of business society, as of December 22, the reference average price in the mainstream areas of 30% grade phosphorus ore in China was around 690 yuan / ton. Compared with December 1 (the reference price was 680 yuan / ton), the average price was increased by 10 yuan / ton, or 1.47%. Business society phosphorus ore analysts believe that the phosphorus ore market will continue to operate at a high level and stably in the near future.

In terms of coke, according to the price monitoring of business society, the price of primary metallurgical coke in Shanxi was 2494 yuan / ton and that of secondary metallurgical coke was 2438 yuan / ton on December 23. Near the end of the year, due to the impact of environmental protection inspection, the supply of coking coal may be tightened. Due to the impact of the Winter Olympic Games, the production of coal mines in the main producing areas is limited, and the supply is expected to decrease. In the near future, the downstream coke procurement is good and the demand support is strong. In the spot market, the current price is still temporarily stable, the scope of raising continues to expand, the first round of raising has not been implemented yet, and the game mentality of coke steel has intensified. In terms of downstream demand, the willingness of steel mills to replenish goods has increased, and there is a demand for winter storage. On the whole, coke enterprises have the upper hand, and it is expected that the coke market will remain stable, medium and strong in the short term.

In terms of phosphoric acid, the market price of phosphoric acid runs downward. According to the monitoring of business society, the average price of phosphoric acid at the beginning of the week was 11666.67 yuan / ton, and the average price at the weekend was 11466.67 yuan / ton. The price decreased by 1.71% during the week. At present, the price of raw materials is lowered, and the cost support is gradually weakened. It is mainly adjusted with the price of raw yellow phosphorus. It is expected that phosphoric acid will operate weakly and stably in the short term.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business community believes that the price of yellow phosphorus fell this week, and the downstream is more resistant to the high price of yellow phosphorus. There is more wait-and-see in the field, mainly sporadic procurement in the downstream, and the market transaction is weak and downward. It is expected that the price of yellow phosphorus will be stable temporarily in the short term.