The average price of phosphoric acid was 5400 yuan/ton on September 20 and 5266.67 yuan/ton on September 16, up 2.53% compared with the same period last year, up 26.56%.
II. Market Analysis
|PVA 1799 (PVA BF17)|
Product: After the Mid-Autumn Festival, the market price of phosphoric acid is supported by the favorable raw material end, and the price has been raised. As of September 20, the average market price of 85% industrial purified water phosphoric acid was around 5400 yuan/ton, Hubei Xingfa Group quoted 5000 yuan/ton, Weng Fuzhou quoted 5200 yuan/ton, Beijing Hangxing Hongda quoted 5400 yuan/ton, Guangxi Mingli Group quoted 5800 yuan/ton, Qianrui Chemical quoted 4600 yuan/ton, Sichuan Kanglong Chemical quoted 5200 yuan/ton, Kunming South Yunnan industry and trade quoted 5900 yuan/ton. Price increases vary from place to place, mainly due to the shortage of spot supply of yellow phosphorus at the raw material end, the shift of trading focus, and the price increase of phosphoric acid enterprises supported by raw material yellow phosphorus. However, at present, phosphoric acid enterprises are mainly in need of purchasing, cautious wait-and-see mentality is rising, individual enterprises are in short supply, quotation is suspended, terminal market is just in need, purchasing is limited. Low enthusiasm, limited acceptance of high prices, phosphoric acid Market Trading atmosphere is not high, the overall weak.
Industry chain: This week, the phosphorus ore market has not fluctuated and continues to operate steadily. At present, the phosphorus ore market is stable. Enterprises supply old customers’orders sporadically. The atmosphere of new orders is slightly weak. Some mining enterprises plan to stop production and reduce production. Recently, the market digests inventory mainly to reduce production and maintain stable quotation. Yellow phosphorus Market Spot tension, strong wait-and-see sentiment of enterprises, the focus continued to move upwards. Before National Day, the stock is nearing the end. Sporadic replenishment is mainly in the downstream. The net phosphorus turnover refers to about 18500-21000 yuan/ton. The market of downstream monoammonium phosphate continued to be weak, and the market prices continued to fall in mid-September. The domestic diammonium market continued to decline.
|PVA 1788 (PVA BP17)|
Industry: According to the price monitoring of business associations, in the 36th week of 2019 (9.9-9.13), there were 1 rising commodities, 2 falling commodities and 2 falling commodities. The main commodities rising were yellow phosphorus (1.25%); the main commodities falling were monoammonium phosphate (-2.33%) and diammonium phosphate (-1.36%). Average gains and losses this week were -0.49%.
3. Future Market Forecast
Phosphoric acid analyst of Business Society Chemical Branch thinks: at present, the demand of phosphoric acid enterprises is mostly in a wait-and-see state, the procurement is not active, the price fluctuates with the good support of the raw material end, and it is expected that the price of phosphoric acid will mainly maintain stable management in the short term.