Raw materials rose, phosphoric acid market continued to rise (9.12-9.19)

1、 Price trend

 

PVA 0599 (PVA BF05)

According to the bulk data list of the business community, the average price of 85% thermal phosphoric acid in the domestic market was 9358 yuan/ton on September 12, and 10320 yuan/ton on September 19. This week, the domestic price of thermal phosphoric acid rose 10.28%.

 

2、 Market analysis

 

Phosphoric acid market prices continued to rise this week. The price of raw material yellow phosphorus continues to strengthen, the cost continues to increase, and the phosphoric acid raw material is well supported. The rise of yellow phosphorus pushed the phosphoric acid market up sharply. As of September 19, the average market price of 85% thermal phosphoric acid in China was about 10320 yuan/ton. The ex factory quotation of 85% thermal phosphoric acid in Sichuan is 10200-11000 yuan/ton, that of 85% thermal phosphoric acid in Yunnan is 10300 yuan/ton, that of 85% thermal phosphoric acid in Hubei is 10200 yuan/ton, and that of 85% wet phosphoric acid in Nanjing is 9600 yuan/ton.

 

In terms of raw phosphorus ore, the overall market situation of domestic medium and high-end grade phosphorus ore continued to operate stably this week. As of September 19, the reference price of phosphorus ore was 1064.00. The supply of phosphate rock in the yard is still tight, and the supply side continues to provide some support to the market. At present, the trading atmosphere in the phosphate rock yard is mild, and the downstream is mainly purchased on demand.

 

POLYVINYL ALCOHOL

In terms of raw material yellow phosphorus, the price of yellow phosphorus market rose this week, continuing the rise of the Mid Autumn Festival. At present, the market turnover is good, the National Day holiday is approaching, the downstream stock is more active, the spot is a little tight, and the yellow phosphorus enterprises are moving smoothly. As of September 19, the mainstream quotation of Yunnan yellow phosphorus was about 37000 yuan/ton, Sichuan yellow phosphorus was about 37000 yuan/ton, and Guizhou yellow phosphorus was about 36500 yuan/ton.

 

3、 Future market forecast

 

The phosphoric acid analysts of the business association believe that the phosphoric acid market has risen in shock due to the impact of the upstream market recently. The number of downstream inquiries increased, and the on-site delivery and investment increased. With the rising trend of raw material market unchanged, it is expected that the price of phosphoric acid market will continue to rise in the short term.

http://www.polyvinylalcohols.com

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