According to data monitoring by Business Society, as of April 17, 2023, the reference average price of 30% grade phosphate ore in China was around 1052 yuan/ton. Compared with April 14 (reference price of 1062 yuan/ton for phosphate ore), the price decreased by 10 yuan/ton, a decrease of 0.94%. Compared to the prices on the 3rd and 1st day, it is basically the same.

From the monitoring chart of Business Society data, it can be seen that this week, the overall domestic phosphate ore market has shown a slight decline. Since April, the overall trading atmosphere in the domestic phosphate ore market has been average, with limited new orders on the market. The downstream market of phosphate ore has shown weak performance, and the overall demand side has provided weak support for the phosphate ore market. In some regions, the slightly tight supply of phosphate ore can still support mining enterprises to maintain stable quotations. However, some regions are affected by weak supply and demand, and the overall pace of phosphate ore shipments is average. Therefore, some mining companies have lowered the prices of mid to high-end grade phosphate ore by about 20-30 yuan/ton. As of April 17th, the domestic market price for 30 grade phosphate ore is around 1000-1100 yuan/ton. The specific price may vary depending on factors such as the original ore specifications and powder to block ratio, and the specific price needs to be negotiated based on actual orders.

Attached are the market prices of phosphate ore in some domestic regions (for reference only):

Product/ Region/ Taste/ Price/ Remarks

Phosphate ore/ Guizhou region/ 30 grade/ 1000-1100 yuan/ton/ Stable operation

Phosphate ore/ Guangxi region/ 30 grade/ 1030-1100 yuan/ton/ Stable operation

Phosphate ore/ Sichuan region/ 30 grade/ 1080-1100 yuan/ton/ Stable operation

Phosphate ore/ Yunnan region/ 30 grade/ 1050-1080 yuan/ton/ Stable operation

Phosphate ore/ Hubei region/ 30 grade/ 1070-1120 yuan/ton/. Stable operation

Future analysis

At present, the overall on-site atmosphere of phosphate ore is weak, and the mentality of the industry is average. The overall purchasing activity in the downstream market is relatively low, and the market’s overall concern is gradually accumulating. The phosphate ore analyst of Business Society believes that in the short term, the domestic phosphate ore market will mostly be weak and adjust its operation. The specific trend still needs to pay more attention to the changes in supply and demand news.