1、 Price trend
According to the block data list of business news agency, the average price of domestic phosphoric acid on May 24 was 5333.33 yuan / ton, up 0.95% from the previous day and 2.56% from the same period last year.
2、 Market analysis
Looking back last week, the supply of raw material yellow phosphorus was short of demand, and the price soared. The phosphoric acid market was cautious and had the intention to increase. On the 24th, the yellow phosphorus market price continued to rise, breaking through 20000 yuan, with a one-day increase of about 13%. The cost support was strong, so the phosphoric acid market price rose, with the range of 50-700 yuan / ton, and some enterprises’ quotations rose above 6000 yuan, There are also some enterprises that have not offered new prices yet, but tend to increase obviously, and the overall market focus has moved up. According to the monitoring of the business agency, as of May 24, the quotation in Sichuan was 4950-5650 yuan / ton, that in Jiangsu was 4800-5650 yuan / ton, that in Beijing was 4800 yuan / ton, that in Hubei was 5600-6200 yuan / ton, that in Tianjin was 5900 yuan / ton, that in Hebei was 5800 yuan / ton, and that in Henan was 5500-5600 yuan / ton, The price of phosphoric acid has increased in different areas.
On May 24, the reference price of phosphate rock was 510.00, up 6.25% compared with 480.00 on May 1. At present, the overall trading atmosphere of the market is good, and the yellow phosphorus Market in the lower reaches is also slightly pushed up, which is effectively supported by the upper and lower reaches. Therefore, the phosphorus ore analysts of the business community believe that the domestic phosphorus ore market will continue to be strong in the short term.
Yellow phosphorus, in late May, the price of yellow phosphorus rose rapidly. Affected by drought, lack of water and power restriction in Yunnan, the power of yellow phosphorus enterprises in some areas was less than 20%! Recently, power rationing has not been alleviated, but has become more and more serious. More yellow phosphorus plants are shut down, the shortage of spot goods is aggravating, and some manufacturers have temporarily stopped making external quotations. On the demand side, the downstream glyphosate price continued to rise, which was acceptable to the high price of yellow phosphorus, and played a certain role in boosting the price rise of yellow phosphorus. So far, the mainstream quotation of Yunnan yellow phosphorus is about 25000 yuan / ton; The mainstream price in Sichuan is about 23000-25000 yuan / ton; The mainstream price in Guizhou is about 21000 yuan / ton.
3、 Future forecast
According to the phosphoric acid analysts of the chemical branch of business society, the supply of raw material yellow phosphorus exceeds the demand, and the soaring price drives the price trend of phosphoric acid. The enterprises actively follow the trend, and some enterprises close their offer and stop reporting. It is expected that the phosphoric acid market will continue to rise in the short term under the strong support of cost.
| PVA |