According to data monitoring by Business Society, as of September 12, 2023, the reference average price of 30% grade phosphate ore in China was around 956 yuan/ton. Compared with September 6, 2023 (reference price of 882 yuan/ton), the price increased by 74 yuan/ton, an increase of 8.39%.

From the data monitoring chart of the Business Society, it can be seen that in the recent period (9.6 to 9.12), the domestic market for mid to high-end grade phosphate ore has seen an overall upward trend. Entering September, the downstream demand for domestic phosphorus ore is gradually recovering, and with the boost of demand, the phosphorus ore industry has a good mentality. The supply of mid to high-end grade ore in the phosphate ore field is tight, and the spot circulation is tight. With the support of both supply and demand, the focus of the phosphorus ore market has been constantly moving upward recently. The market price of 30% grade phosphorus ore has accumulated an increase of around 50-80 yuan/ton within seven days. As of September 12th, the domestic market price of 30% grade phosphate ore is referenced around 900-980 yuan/ton. The specific price may vary depending on factors such as the original ore specifications, powder to lump ratio, and transportation conditions. The specific details need to be negotiated through actual orders.

Prediction and Analysis of the Future Market Trend of Phosphate Rock

At present, the overall trading atmosphere in the phosphorus ore market is mild, and the rebound in downstream demand has boosted market confidence. The phosphorus ore data analyst at the Business Society believes that in the short term, the domestic phosphorus ore market will mostly operate stronger, and the specific trend still needs to pay more attention to changes in supply and demand news.