Price Trend
According to the monitoring data of business associations, the price of domestic phosphate ore market has been steadily and slightly declining in recent years. The price range of 30% grade phosphate ore in mainstream areas is 380-530 yuan/ton. Due to regional differences, the price difference is large. Taking several sample areas into consideration, the average price of 30% grade phosphate ore is about 430 yuan/ton.
II. Market Analysis
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Products: In the near future, the domestic phosphate ore market as a whole remains stable. Recent domestic phosphate ore prices are as follows: 30% grade phosphate ore mainstream freight plants in Guizhou province offer 350-400 yuan/ton tax, a slight decline compared with last week, 30% grade phosphate ore mainstream export tax quote in Hebei province about 530 yuan/ton; phosphate ore market equipment is operating normally, downstream demand is normal, the domestic phosphate ore market as a whole still shows a stable trend of operation.
3. Future Market Forecast
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Business associations phosphate analysts believe that the current downstream demand is still acceptable. Generally speaking, affected by the upstream and downstream market, the price of phosphate rock market will remain stable in June, with little fluctuation or a slight decline. The specific trend of phosphate ore market is also determined by the upstream and downstream demand and market supply.
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