1、 Price trend
According to the bulk data list of business agency, the average price of domestic phosphoric acid on December 24 was 5316.67 yuan / ton, which was the same as the previous day, up 23.17% compared with the same period last year. On January 8, the phosphoric acid commodity index was 116.21, unchanged from yesterday, down 9.89% from the highest point in the cycle of 128.96 (2019-07-25), and up 27.49% from the lowest point of 91.15 on October 13, 2016. (Note: cycle refers to 2011-09-01 to now)
| PVA 1799 (PVA BF17) |
2、 Market analysis
Product: the phosphoric acid market is in a weak and stable operation in the near future. The support of yellow phosphorus at the raw material end is weakened, the downstream rigid demand is limited, the actual trading is average, the enterprise’s goods are acceptable, and the market is weak as a whole. According to the monitoring of the business association, as of January 9, the average market price of 85% industrial purified water phosphoric acid was about 5316.67 yuan / ton, and the mainstream price was about 4700-5700 yuan / ton. The enterprise adjusted the price according to itself.
Industrial chain: in recent years, the phosphorus ore market has continued to maintain stable consolidation, weak operation, and the supply of goods is basically normal. It is estimated that the phosphorus ore market will not improve in a short period of time, and it is still weak and stable. Under the condition of low start-up rate, yellow phosphorus spot is tight, and the adjustment space of yellow phosphorus is still limited near the end of the year.
| PVA 1788 (PVA BP17) |
Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the list of rise and fall of bulk commodity prices on January 8, 2020, among which the top three commodities are bisphenol A (4.94%), acetic acid (2.01%) and toluene (1.64%). There are 8 kinds of commodities with a month on month decline, and the top 3 products were sodium metabisulfite (- 3.79%), ethyl acetate (- 3.39%) and butanone (- 2.59%). The average price of this day is 0.02%.
3、 Future forecast
According to the phosphoric acid analyst of business and social chemical branch, at present, the price of phosphoric acid is mainly stable and consolidated, the support of raw material end is limited, and the terminal demand is general. Near the end of the year, it is expected that the price of phosphoric acid is still mainly stable and stable, so it is difficult to improve.
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