1、 Price trend

According to the monitoring of commodity data, the market price of Yungui yellow phosphorus was slightly reduced this week. The average price of yellow phosphorus last Thursday was 31750 yuan/ton, while the average price this Thursday was 31550 yuan/ton, and the price was reduced by 0.63% during the week.

2、 Market analysis

The market price of Yunnan-Guizhou yellow phosphorus was slightly reduced this week. The manufacturer issued many early orders, and the overall market delivery and investment situation was general. After the Spring Festival, the demand in the downstream market is light, and replenishment is mainly needed, and new orders are limited. Up to now, the mainstream quotation in Sichuan is about 31000-32000 yuan/ton. The mainstream price of Guizhou yellow phosphorus is about 31000-32200 yuan/ton.

For phosphate rock, the price increased slightly. Up to now, the reference average price of 30% grade phosphate ore in China is around 1060 yuan/ton. The overall trading atmosphere of the phosphorus ore market is relatively quiet, but 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 information of the supply and demand.

In terms of coke, up to now, the coke market has been operating stably, and the price of quasi-first grade metallurgical coke in Shanxi is 2482 yuan/ton. On the supply side, the coking enterprises have started work steadily, basically the same as before the Spring Festival, and the coke inventory has declined slightly. After the market atmosphere has improved, traders have increased their purchases in the market, and the coke inventory has shifted to the market, and the coke enterprise inventory has declined accordingly. In terms of demand, the blast furnace operating rate of the steel plant after the holiday is basically the same as that before the holiday, the coke inventory in the plant is declining, and the manufacturer has the demand for replenishment, and the coke is just needed to purchase. In this cycle, coking steel has a strong game mentality. Some steel plants have started the first round of lifting and lowering, and some coking enterprises have started the third round of lifting and lowering. In the future, the coke price is expected to be stable under the game mentality of coke steel. In the future, the focus will be on the impact of coke inventory in all links and sales of downstream steel plants on coke supply and demand.

In terms of phosphoric acid, the market price of phosphoric acid decreased slightly this week. The average price of phosphoric acid last Thursday was 8975 yuan/ton, and the average price this Thursday was 8900 yuan/ton, with a slight decrease of 0.84% during the week. At present, phosphoric acid fluctuates slightly. It is expected that in the short term, the phosphoric acid market will be more wait-and-see and temporarily stable.

3、 Aftermarket forecast

The yellow phosphorus analyst of the Chemical Branch of the Business Society believes that the current yellow phosphorus market is relatively light. The price of upstream phosphate rock was slightly increased, the coke market price was relatively stable, and the cost support was acceptable. The downstream phosphoric acid market price follows the trend of yellow phosphorus. It is expected that the yellow phosphorus market will operate stably in the short term.