1、 Price trend

According to the bulk data list of the business agency, the average price of domestic phosphoric acid was 11490 yuan / ton on May 31, up 7.58% over the beginning of the month and 95.85% over the same period last year.

2、 Market analysis

In May, the phosphoric acid market rose by 7.58% in the month, and the market focus moved upward. In May, the raw material yellow phosphorus rose strongly to about 40000 yuan / ton, which strengthened the cost support and reduced the market supply. The phosphoric acid enterprises mainly supply old customers, and the price rose with the cost. However, the downstream demand followed up generally, and the enterprises had difficulty in shipping after the price rise, so the increase was more rational. Towards the end of the month, downstream procurement continued to maintain its rigid demand, and the market trading was still tepid, and the wait-and-see mood remained unchanged. Up to now, the price of raw materials is about 38000-40000 yuan / ton, and the market price of phosphoric acid is about 11000-12800 yuan / ton. The quotation in Sichuan is about 10800-11300 yuan / ton, that in Hubei is 11000-12500 yuan / ton, that in Shandong is 11000-12000 yuan / ton, and that in Jiangsu is 11000-12000 yuan / ton.

Phosphate rock. In May, the domestic phosphate rock market experienced several price adjustments, and the market focus continued to concentrate upward. The main reason to support the upward trend of phosphate ore market is that at present, the domestic phosphate ore supply continues to be tight. Many large factories mainly use medium and high-end phosphate ore for their own use. Some mining enterprises mainly send orders from core and old customers, and there is basically no surplus goods for export. Most enterprises have suspended their quotation. There are few goods circulating in the field, and the tight supply situation has not been eased. Therefore, the market price has repeatedly risen.

Yellow phosphorus, the market price of yellow phosphorus rose sharply this month, and the price of yellow phosphorus moved closer to the high end. The operating load of yellow phosphorus enterprises in Yunnan Guizhou region has declined, and the overall market supply has decreased to a certain extent. Near the wet season, there is still no significant improvement in on-site construction. At present, the spot is tight, and most manufacturers have no inventory. Near the end of the month, downstream enterprises are more wait-and-see, mainly digesting the early inventory. The new yellow phosphorus orders were less traded, the manufacturers mainly supported the prices, and the prices of some enterprises were slightly corrected.

3、 Aftermarket forecast

According to the phosphoric acid analysts of the business society, the phosphoric acid market rose in May with the support of the cost side. At the end of the month, the downstream procurement remained in rigid demand, mainly a small amount of replenishment, and the wait-and-see mood remained unchanged. It is expected that the phosphoric acid Market in June will remain generally stable and fluctuate in a narrow range.