1、 Price trend

According to the bulk data list of business agency, the average price of domestic phosphoric acid on June 5 was 5133.33 yuan / ton, slightly lower than the price of 5200 yuan / ton at the beginning of the week, down 1.28% in the week, up 12.82% compared with the same period last year

2、 Market analysis

This week, the price of phosphoric acid fell slightly, mainly due to the reduction of yellow phosphorus at the raw material end, the weakening of the support at the cost end, and the increase of the price elasticity space of phosphoric acid enterprises, which led to the price reduction. This week, domestic demand was stable, but in the early stage, due to the increase of raw materials, the price of phosphoric acid rose, the terminal receiving capacity was limited, the purchase was cautious, and the volume of transactions was not large. According to the monitoring of business association, as of June 5, the average market price of 85% industrial purified water phosphoric acid is about 5133.33 yuan / ton, the price in Sichuan is about 5000 yuan / ton – 5300 yuan / ton, the price in Guangxi is about 4800 yuan / ton, the price in Yunnan is about 5200 yuan / ton, the price in Beijing is about 5100 yuan / ton, the price in Tianjin is about 5700 yuan / ton, the price in Hubei is about 5000 yuan / ton – 53 yuan / ton About 00 yuan / ton.

In terms of upstream and raw phosphorus ore, Guizhou’s supply in the field is basically stable, and there are few new orders in the downstream, and the shipment volume is average. At present, 30% of the phosphate rock car plate in Guizhou is priced around 310-360 yuan / ton, and the actual transaction can be explored in a small scale, and the actual single price is mainly negotiated. In terms of fuel, the market price of Panzhihua coke (secondary metallurgical coke) is 1830 yuan / ton, which is the same as the previous trading day and 50 yuan / ton higher than the same period last month. The price in Southwest China is mainly stable, while the price in the future is mainly stable.

The yellow phosphorus market price is down this week. In June, Yunnan Province entered into the wet season. After the implementation of the wet season electricity price, the cost of the enterprise went down, and the market price fell to a certain extent. At present, the main quotation of yellow phosphorus in Yunnan is about 15800 yuan / ton. The quotation in Guizhou is about 16000 yuan / ton. The quotation in Sichuan is about 16500 yuan / ton. The overall market sales situation is general, the downstream procurement is more cautious, who uses who takes. It is expected that the price of yellow phosphorus will still be adjusted in the near future.

3、 Future forecast

According to the phosphoric acid analyst of business and chemical branch, the price of raw materials decreased this week, which led to a slight decline in the price of phosphoric acid. The downstream demand was stable, just in need of procurement, and the price reduction space of phosphoric acid enterprises increased. It is expected that the price of phosphoric acid will continue to decline in the short term.