1、 Price trend
| PVA 1799 (PVA BF17) |
According to the business agency data monitoring, as of September 7, the mainstream reference quotation of 30% grade phosphate ore in Guizhou was around 300-330 yuan / ton, which was 10 yuan / ton lower than the market price at the end of August.
In the first week of September, some mining enterprises are difficult to reduce the price of phosphate rock
This week, the domestic phosphate ore market as a whole is stable, and mining enterprises in many regions are still waiting and waiting. On Friday, a small number of mining enterprises in Guizhou reduced the initial high-grade external price of phosphate rock by 10 yuan / ton. At present, most of the mining enterprises in Guizhou maintain the orders of old customers, and the majority of them are in the field of wait-and-see mood. At present, the mainstream quotation of 30% of raw ore in Guizhou is 310-330 yuan / ton, and the low-end price is 280 yuan / ton. Guizhou Fuquan Huifa 30% grade phosphate rock plate price 330 yuan / ton, 10 yuan / ton lower than August, 28% grade phosphate rock plate price 290 yuan / ton, 10 yuan / ton lower than the end of August. The phosphate ore market in Hubei is weak, and the price of 30% raw ore ship plate of Liushugou mining is 390 yuan / T.
On the downstream side, in September, the price of domestic yellow phosphorus market was mainly stable. At present, the trading situation of yellow phosphorus market was fair, and the enterprises intended to adjust the price. At present, Yunnan Net phosphorus ex factory acceptance transaction referred to around 15000 yuan / ton. The phosphoric acid market is running steadily for the time being, and the situation of enterprises’ delivery is general.
| PVA 1788 (PVA BP17) |
Internationally, at present, WTI crude oil price fell by more than 2% in the early trading to below $39 / barrel, continuing the downward trend of last week. Several of the reasons for the decline have to do with demand, or rather a persistent lack of demand. The reason for Saudi Arabia’s cut in oil prices is the lack of purchasing volume, and the “driving” season in the United States is over, and oil consumption is likely to decrease in the next few weeks. In the long run, Russia believes that demand will not recover in three years. These factors may cause OPEC’s oil price expectation to remain below $50 / barrel.
The phosphate ore market is mainly stable for the time being, and the short-term delivery is not improved
According to the phosphate rock analysts of the business society, the improvement of domestic phosphate ore market demand is still not obvious at this stage. The mining enterprises mainly supply contract orders, and the production and sales are generally in general. It is expected that the stable operation will still be maintained in the short term. The support of the downstream yellow phosphorus Market for phosphate rock is generally limited, and it is expected that the increase in market sales will not be too large in the short term.
| PVA |