1、 Price trend

According to the monitoring of commodity data, the price of Yungui yellow phosphorus increased this week. At the beginning of the week, the average price of yellow phosphorus was 14450 yuan / ton, and the average price at weekend was 14600 yuan / ton. The price of yellow phosphorus increased by 1.04% during the week.

2、 Market analysis

The market price of yellow phosphorus rose slightly this week. The price of yellow phosphorus rebounded to a certain extent, and the spot supply in the market was tight. Downstream enterprises and traders have a large amount of procurement and strong market support, while yellow phosphorus enterprises are reluctant to sell and have strong intention to stand up. At present, the market quotation in Yunnan is about 14200 yuan / ton. The mainstream quotation in Guizhou is about 14400 yuan / ton. The price of yellow phosphorus in Sichuan is about 14500-14800 yuan / ton. Due to the low price in the early stage, the downstream bottom copy procurement is relatively concentrated, and the spot supply in the market is tense, and the manufacturers intend to support the price.

In the aspect of raw material phosphate ore, domestic phosphate ore is mainly in stable operation this week. The price quoted by many mining enterprises in Guizhou remains stable, and the number of new downstream orders is small, and the shipment volume is average. At present, the quotation of 30% phosphate rock slab in Guizhou is around 300-330 yuan / ton. Panzhihua coke (secondary metallurgical coke) market price, the mainstream price at 2030 yuan / ton, flat on the previous trading day, 200 yuan / ton higher than the same period last month. The market in Southwest China is relatively stable.

In terms of demand, the downstream phosphoric acid market supply increased. There is a certain support for yellow demand. Phosphate market demand is general, enterprises maintain orders of old customers mainly, the demand for yellow phosphorus is general.

3、 Future forecast

Chemical branch of the business club yellow phosphorus analysts believe that the market price of yellow phosphorus rebounded this week. Due to the low price in the early stage, the downstream bottom copy procurement is relatively concentrated, and the spot supply in the market is tense, and the manufacturers intend to support the price. Downstream, phosphoric acid market supply increased. There is a certain support for yellow demand. It is expected that the price of yellow phosphorus will continue to strengthen in the short term.