1、 Price trend
| PVA |
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 14600 yuan / ton, and the average price of weekend was 15000 yuan / ton. During the week, the price increased by 2.74%.
2、 Market analysis
The price of yellow phosphorus rose this week. The price of yellow phosphorus continued to rise, compared with last week, the price of yellow phosphorus rose faster this week. The spot supply in the market is tight, the downstream purchasing heat is not reduced, the market transaction situation is good, there is no lack of high price orders. At present, the market quotation in Yunnan is about 14500-14800 yuan / ton. The mainstream quotation in Guizhou is about 14800-15000 yuan / ton. The price of yellow phosphorus in Sichuan is about 14500-15000 yuan / ton. At present, the situation of yellow phosphorus driving around the country is general, and the manufacturers are mainly issuing early orders. The spot supply in the market continues to be tight, and the manufacturers intend to raise the price.
| PVA 1799 (PVA BF17) |
In terms of raw materials, domestic phosphate ore is mainly in stable operation this week. The price of phosphate rock in Guizhou remained stable, and the low-end price was lower than that of last week. Youxin’s new orders were less, and the shipment volume was average. At present, the quotation of 30% phosphate rock in Guizhou is 280-340 yuan / ton. This week, the mainstream price of Panzhihua coke (secondary metallurgical coke) was 2030 yuan / ton, which was flat compared with the previous trading day, and increased by 100 yuan / ton compared with the same period last month. The market in Southwest China was relatively stable. According to the latest data released by the National Bureau of statistics on July 16, 2020, China’s coke output was 40.17 million tons, a year-on-year decrease of 4.2%, an increase of 1 percentage point compared with the previous month. From January to June in 2020, China’s coke output was 228.69 million tons, a year-on-year decrease of 2.5%, and the decrease rate was 0.3 percentage points lower than that of January March.
In terms of demand, the downstream phosphoric acid market demand is good. 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 price of yellow phosphorus this week. At present, the situation of yellow phosphorus start-up in various regions is general, the manufacturers mainly issue early orders, and the spot supply in the market is tight, and downstream manufacturers have many high price orders. It is expected that the price of yellow phosphorus will continue to rise in the short term.
| PVA 1788 (PVA BP17) |