Price Trend
According to commodity data monitoring, yellow phosphorus prices were stable this week. The average price of yellow phosphorus is 15875 yuan/ton.
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II. Market Analysis
Product: Yellow phosphorus price is stable this week. The yellow phosphorus enterprises in Yunnan started construction slightly. The Central Environmental Protection Group entered Guizhou and individual enterprises stopped production. The supply and demand situation of yellow phosphorus market is basically balanced. The quotation price of manufacturer tends to be stable, downstream enterprises have a good mentality, weak and stable demand, low procurement enthusiasm, mainly small orders. This week’s yellow phosphorus talks range is about 15875 yuan per ton.
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Industry chain: upstream phosphate ore continued to resume mining, increased supply, high overall inventory, mainstream quotation of about 400 yuan/ton. March is still dry season, yellow phosphorus enterprise electricity prices increased, this week coke prices fell 100 yuan / ton. The start-up rate of downstream yellow phosphorus enterprises remained stable and demand was weak and stable.
3. Future Market Forecast
The yellow phosphorus analysts of the business and chemical branch believe that the overall demand for yellow phosphorus is weak and stable, the downstream demand is relatively stable, there is no good support in the field, the enthusiasm of traders in purchasing is not high, and the supply and demand situation of the yellow phosphorus market is basically balanced. With the increase of start-up rate, the market price is expected to decrease slightly next week.
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