First, the price trend

According to the monitoring of yellow phosphorus commodity prices, the domestic phosphorus market as a whole continued downward trend, the overall yellow phosphorus market price of 16,500 yuan / ton, affected by many factors, most of the yellow phosphorus manufacturers down, down 500-800 yuan / Ton, the daily decline of about 4%.

Second, market analysis

Products: The rising price of electricity has always had a positive impact on the market of yellow phosphorus. The impact of the operating rate on the manufacturers was also obvious. The overall market demand for yellow phosphorus increased and the supply of goods increased. As the cost of raw materials increased, Some manufacturers to raise prices. Pre-yellow phosphorus prices continue to rise, the market price volatility in the mainstream market turmoil, due to the price of electricity in late November and welcome the “second wave of price increases” undoubtedly once again impact on the supply of yellow phosphorus, the company can still be shipped, the normal orders. Since January 2018, the downstream transaction has weakened. Most of the manufacturers, due to the sharp turmoil in the pre-phosphoric acid market, are currently holding their wait-and-see attitude. As a result, their willingness to purchase in the downstream market is extremely weak and the domestic phosphorus market is still in a downturn. Based on the pressure from raw material cost, Slight adjustment of the price of phosphorus-based. However, the current continuous weakness in the downstream, poor demand, wait and see attitude heavier. Manufacturers said the price will continue to cut.

Industrial chain: Phosphorite upstream this week, the smooth operation of the market, but individual manufacturers of phosphate rock device is still in the state of shutdown, most of the downstream wait and see strong will, but this week a slight alleviation of phosphate rock shipping tension, phosphate yellow Phosphorus, there is a downward trend, new single slim deal, the downstream market ammonium phosphate prices continued turmoil, although slightly stable trend. However, the volume of new orders remained slim, and the downstream demand for yellow phosphorus continued to be weak.

Third, the market outlook forecast

Chemical Co., Ltd. Business Branch yellow phosphorus analyst Wu Li believes that the recent decline in the domestic market volume of yellow phosphorus, yellow phosphorus cost pressures, high pre-market-based operation, but manufacturers said that since 2018 into the downstream wait and see attitude strong, turnover The amount weakened, the recent price drop slightly, based on the impact of cost pressures, on the whole, the yellow phosphorus market is expected to post or will continue to decline.

According to LME data, copper inventories totaled 200,225 metric tons on January 3, down 425 metric tons on a day-to-month basis. Aluminum stocks totaled 1,101,800 metric tons, an increase of 425 metric tons. Inventories of aluminum alloys remained at 13,900 metric tons.

In the past five years, Romania’s imports of goods have been increasing year by year. In 2016, Romania imported a total of 74.4 billion U.S. dollars in merchandise imports, making it the 32nd largest importer of goods in the world.

Romanian bauxite imports accounted for 1.4% of its total value of imports. In 2016, Romania’s bauxite imports increased compared to 2015; however, it is estimated that the country’s bauxite imports will decline in 2017.

According to international trade data, Romania imported 1,386,109 tonnes of bauxite from the global market in 2016, an increase from the 1,367,887 tonnes imported in 2015. It is estimated that the bauxite in Romania will be reduced to 1339990 tons in 2017.

Romanian bauxite imports in 2015 and 2016 totaled $ 64 million and $ 62 million, respectively. It is estimated that the total value of bauxite imports in Romania will be reduced to 41.4 million U.S. dollars in 2017.

Sierra Leone is the largest source of bauxite imports in Romania. Last year, Romania imported a total of 1,370,182 tons of alumina from Sierra Leone. In addition to Sierra Leone, Turkey, China and Germany are also larger sources of bauxite imports in Romania.

Russia and Belarus have agreed to export 24 million tonnes of oil to Belarus in 2018, Russia’s deputy minister of energy, Morozov said, according to Russian news agency Tass. Of these, 18 million tonnes will be processed at the Belarusian refinery and the remaining 6 million tonnes will be exported to non-Eurasian countries, and Belarus will receive export tariff revenues from these oil.