1、 Price trend
| PVA 1788 (PVA BP17) |
According to the monitoring of bulk commodity data, the price of Yungui yellow phosphorus rose slightly this week. The average price of yellow phosphorus was 15500 yuan / ton at the beginning of the week and 15550 yuan / ton at the end of the week. The price rose by 0.32% during the week.
2、 Market analysis
Product: yellow phosphorus spot tight this week, the price is stable and rising. The overall trend of domestic yellow phosphorus market is relatively strong, manufacturers mainly issue early orders, and the spot market of yellow phosphorus is a little tense. The price of yellow phosphorus in Sichuan increased, while the market price in Yunnan and Guizhou remained basically unchanged. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 15500 yuan / ton; that in Sichuan is about 15700 yuan / ton; that in Guizhou is about 15500 yuan / ton.
In terms of raw materials, the overall market of phosphate ore continued to maintain stable operation this week, with light on-site trading, strong atmosphere for enterprise price adjustment, cautious downstream procurement, and limited transaction volume of new orders. Up to now, the price of coke market is temporarily stable, the overall market is relatively strong, coking enterprises have low inventory and positive shipment. In terms of downstream demand, most steel mills have not made any statement on the rise, and the demand for coke is still good. Most market people are optimistic about the future market. It is expected that the coke steel game will continue in the near future, and the coke price will be stable and strong. The market price of Panzhihua coke (secondary metallurgical coke) was 2080 yuan / ton, which was temporarily stable compared with the previous trading day and increased by 50 yuan / ton compared with the same period last month.
| PVA 1799 (PVA BF17) |
In terms of demand, the sales of phosphoric acid in local markets are normal this week, and the logistics may be limited in the near holiday. The downstream stock is more than before, but the overall market enthusiasm is not high. Phosphate market sales are OK, or the original old customers in the normal order, the overall demand for yellow phosphorus is general.
3、 Future forecast
The yellow phosphorus analyst of chemical branch of business society believes that the price of yellow phosphorus has risen steadily this week. Manufacturers mainly issued early orders, yellow phosphorus spot tight, traders wait-and-see mood is obvious, high price transaction limited. However, a small number of downstream enterprises that did not prepare goods in time also have the possibility of taking goods at high prices. Forecast: in the short term, the price of yellow phosphorus is mainly high.
| PVA |