Price Trend
According to the monitoring data of business associations, the overall domestic phosphate ore market has been running smoothly this week. Some enterprises have adjusted their prices slightly. Due to regional differences and different output, the price difference is relatively large. Taking into account the prices of several sample areas, the market price of phosphate ore has increased by 1.6% as of October 12.
II. Market Analysis
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Products: After the National Day, the domestic phosphate ore market has maintained stable operation, with little fluctuation in price, light on-site delivery, supply of old customers orders by mining enterprises, and small increase in quotations by some mines and traders. At present, 28% of the price of phosphate ore in Hubei is around 420 yuan/ton, 30% of the price of phosphate ore in Hubei is around 460-470 yuan/ton, and 30% of the grade phosphate ore in Guizhou is near 460-470 yuan/ton. In the vicinity of 360-400 yuan per ton of tariff quoted by mainstream freight plants, the quoted price of some freight plants in Guizhou increased slightly compared with that before the festival, with an increase of 20 yuan per ton. The tariff quotation of 30% grade phosphate ore mainstream from Hebei province maintained near 530 yuan/ton.
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Industry chain: After the festival, the market demand for yellow phosphorus has improved slightly. After the festival, yellow phosphorus plants have resumed operation. Many plants in Yunnan have resumed production. Wengfu and Longma yellow phosphorus plants in Guizhou have resumed production. The supply of yellow phosphorus has increased compared with before the festival. At present, the yellow phosphorus market transactions refer to the vicinity of 18300-18800 yuan/ton. Phosphoric acid market is stable for the time being. At present, the market is dominated by inquiries, sporadic purchases, and the trading atmosphere is dull.
3. Future Market Forecast
Business society data analysts believe that: in late October, the phosphate ore market is expected to operate stably, and after the pre-order processing, the new unit price may be adjusted.
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