1、 Price trend
According to commodity data monitoring, the price of Yungui yellow phosphorus fell this week. The average price of yellow phosphorus last Thursday was 21000 yuan / ton, and the average price on Thursday was 19100 yuan / ton, falling by 9.05% in the week.
2、 Market analysis
This week, the price of yellow phosphorus fell first and then stabilized. At present, the yellow phosphorus enterprises in Yunnan Province have been restored to production, but the furnace is very limited. No new start-up enterprises are available this week. Downstream construction has been improved, and the stock has increased, and the overall market supply is becoming tense. The price of yellow phosphorus began to stop falling and stabilize. Up to now, the price of yellow phosphorus area in Yunnan is 19200-22000 yuan / ton; The quotation in Sichuan is about 19800-20000 yuan / ton; The price of Guizhou is about 19000-19500 yuan / ton.
In terms of raw materials, the price of Yungui phosphate rock increased this week. The average price of phosphate ore last Thursday was 510 yuan / ton, and the average price on Thursday was 526.67 yuan / ton, and the price rose in the week, with an increase of 3.27%. Domestic phosphorus ore market supply is tight, the enterprise main issue early order. The price of 28% of the low-grade phosphate rock car in Guangxi is near 380-420 yuan / ton, the market atmosphere has improved, and the orders are mainly in the early stage of delivery.
In terms of coke, the coke market is mainly in the overall strong operation today, and the first round of rise in some regions has been implemented, and the mainstream steel plants in the rest of the region have not responded. Upstream side is still tight due to environmental protection inspection of the overall supply of coking coal in China. Taiyuan and Luliang area have increased production of high-quality main coking coal, and the Imported Coking Coal in Mongolia is still in short supply in terms of epidemic situation, and coking coal supply is still insufficient. Coking enterprises are still tight in the supply of high-quality coke, because some manufacturers have the intention of limiting production due to the shortage of raw materials. Most steel mills have received the first round of increase in steel mills, and the intention of increasing the warehouse in steel plants is strong due to the tight supply of coke. Analysts of business society believe that the current coke market is tight supply, and the upstream coking coal price is high, which is strongly supported by coke cost, and it is expected that the coke price will be mainly strong in the short term. In the future, we will focus on the coke inventory of each link, as well as the impact of recent local environmental protection policies on the upstream and downstream operating rates.
On the downstream phosphoric acid side, according to commodity data monitoring, phosphoric acid prices fell this week. The average price of phosphoric acid last Thursday was 6300 yuan / ton, and that of phosphoric acid on Thursday was 6000 yuan / ton, and the price fell in the week, with a range of 4.76%. At present, the raw material yellow phosphorus high level falls down, phosphoric acid market is cautious to wait and see, the volume of trading is good, the actual transaction is mainly negotiated..
3、 Future forecast
Analysts at the chemical branch of the business society believe that the price of yellow phosphorus fell early this week and the price of the weekend stopped falling and stabilized. Downstream construction has been improved, and the stock has increased, and the supply of yellow phosphorus in the overall market tends to be tight. The price of the upstream phosphate rock increased, and it is expected that the yellow phosphorus price will rebound or stabilize slightly.
| PVA |