1、 Price trend
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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 15550 yuan / ton at the end of last week and 16100 yuan / ton at the end of this week. The price rose by 0.94% during the week.
2、 Market analysis
The domestic yellow phosphorus market rose slightly this week. The spot sales in the yellow phosphorus market are basically normal, but the spot is a little nervous, and the manufacturers are reluctant to sell. The price in Yunnan is relatively stable; the price in Guizhou rises; the price in Sichuan rises slightly. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 16200 yuan / ton; that in Sichuan is about 16000 yuan / ton; that in Guizhou is about 16000 yuan / ton. With the normal water period approaching, the electricity prices in Yunnan and Sichuan have been increased, and the production costs of yellow phosphorus enterprises have increased. At present, the yellow phosphorus enterprises intend to raise their prices.
In terms of raw materials, according to the monitoring of bulk commodity data, the overall operation of domestic phosphate ore market is stable. Enterprises supply orders from old customers while new orders are gradually followed up. The rising market of yellow phosphorus in the downstream has provided stable price support for raw phosphate rock. As of October 21, the current quotation of 30% grade phosphate ore in Guizhou is 300-360 yuan / ton, and the transaction price is 290-340 yuan / ton Nearby, Guizhou Qingli group mainly supplies 30% high-quality phosphate ore, and the export mainly supplies to Anhui old customers. The price of the new contract of 30% quality phosphate ore raw ore is 300 yuan / ton, and the transaction may be around 285 yuan / ton. In this week’s stable sorting of phosphate ore market in Yunnan, 28% of the raw ore car plate quotation reference is around 280 yuan / ton, 29% of the raw ore car plate quotation reference is around 310 yuan / ton.
Up to now, the price of coke is mainly stable today, and the fifth round of increase is basically implemented. Coking enterprises have low inventory and good sales. The demand for replenishment of the downstream reservoir is temporarily stable. Panzhihua coke (secondary metallurgical coke) market price, mainstream price at 2230 yuan / ton, temporarily stable compared with the previous trading day, increased by 150 yuan / ton compared with the same period last month.
In terms of demand, the sales of phosphoric acid in local markets were normal this week, and the price of phosphoric acid increased. However, the demand has not been greatly improved. The downstream inquiry is not hot and the market transaction atmosphere is not warm. Therefore, it is difficult for the phosphoric acid market to have a substantial upward trend. It is expected that the trend will be flat in the short term, and the local government will adjust the price.
3、 Future forecast
Chemical branch of the business club yellow phosphorus analysts believe that this week’s yellow phosphorus prices continue to rise. The normal water period is approaching, the electricity price in Yunnan and Sichuan will be increased in the next month, and the production cost of yellow phosphorus enterprises will increase. It is expected that in the short term, the price of yellow phosphorus enterprises will be dominated.
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