According to the data monitoring of the business community, as of November 14, the reference average price of 30% grade phosphorus ore in China was around 1056 yuan/ton, which was 1 yuan/ton higher than that on November 7 (1055 yuan/ton).
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It can be seen from the data monitoring map of the business community that the recent domestic phosphorus ore market is generally stable, moderate and slightly rising. The overall supply of domestic medium and high-end grade phosphate ore is mainly tight, and the downstream demand side is relatively stable. The new transaction prices of some phosphate mining enterprises in Sichuan increased slightly by about 10 yuan/ton. The phosphate ore market in Guizhou, Hubei and Guangxi remained stable and consolidated. As of November 14, the market price of 30% grade phosphorus ore in China is around 1030-1080 yuan/ton. There is also a gap between the price and the original ore specification, powder to lump ratio and other factors, and the details need to be negotiated.
Forecast and analysis of phosphate rock future market trend
Near the end of the year, some domestic mining enterprises and mines have stopped production, and the tight supply of domestic phosphate rock can hardly be greatly improved in the short term. According to the phosphate ore data engineer of the business community, the overall domestic phosphate ore market is expected to operate mainly in a stable and small way in the short term, and the specific trend needs to pay more attention to the changes in the information on the supply and demand side.
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