1、 Price trend

According to the commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus is relatively stable. The average price of yellow phosphorus this week is 24666.67 yuan / ton.

2、 Market analysis

The price of yellow phosphorus was relatively stable this week. Many manufacturers closed their offers without reporting, mainly for early orders. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 24000-24500 yuan / ton; The mainstream quotation in Sichuan is about 25000 yuan / ton; The mainstream quotation in Guizhou is about 24000 yuan / ton. This week, the downstream enterprises of yellow phosphorus purchased more actively, the spot on the site was tight, many manufacturers closed their offers without reporting, the market confidence was good, and the bullish expectation of yellow phosphorus was strong.

In terms of raw materials, the transaction price of phosphorus ore market is constantly approaching the high end. Up to now, according to the monitoring of bulk commodity data, the reference average price in the mainstream areas of 30% grade phosphorus ore in China is around 563 yuan / ton, and the market price has also risen to the high point. Under the high price, the downstream demand may be weak. Therefore, the phosphorus ore analysts of business society believe that in the short term, the probability of continued rise in China’s phosphorus ore market is small, and most of them will operate stably and firmly at the high level.

In terms of coke, the coke market in Shandong and Hong Kong is relatively strong today. At present, the mainstream spot exchange delivery price of quasi primary metallurgical coke in the port area is about 3150 yuan / ton, and the price of primary coke is 3250 yuan / ton, which is flat compared with the previous day. The inventory in the two ports continues to be low, the market sentiment in Hong Kong is low, and the overall trading is relatively cold. Recently, the raw coal price has remained high, and the cost pressure of coking enterprises has increased. Since August 20, many enterprises in main production areas such as Shandong, Hebei and Shanxi have opened the fifth round of raising 120 yuan / ton. As of August 19, the market price of Panzhihua coke (secondary metallurgical coke) was 3190 yuan / ton.

The price of phosphoric acid rose steadily this week. The average price of phosphoric acid last Thursday was 6816.67 yuan / ton, and that of phosphoric acid this Thursday was 7025 yuan / ton. The price increased by 3.06% during the week. Recently, yellow phosphorus has been consolidated at a high level, the phosphoric acid market has been watching carefully, the trading volume is good, and the actual transaction is mainly through negotiation.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of business society believes that the yellow phosphorus market price is relatively stable this week, the trading atmosphere on the floor is good, and the supply of goods is tight. The price of phosphate rock in the upstream increased and the price of phosphoric acid in the downstream increased. On the whole, the market confidence is good and the upstream and downstream support is strong. It is expected that the market price of yellow phosphorus is expected to rise in the short term.