Source: Jintou.com
1. Price trends
According to the business community mass data list, the average domestic market price of 85 content thermal phosphoric acid was 9,358 yuan / ton on September 12, and the average domestic market price of 85 content thermal phosphoric acid was 10,320 yuan / ton on 12 September. September 19. Prices of French phosphoric acid increased by 10.28%.
2. Market analysis
The market price of phosphoric acid continued to rise this week. The price of the yellow phosphorus raw material continued to strengthen, the cost continued to rise and the phosphoric acid raw material was well supported. The rise in yellow phosphorus has significantly boosted the phosphoric acid market. As of September 19, the average domestic price of 85-content thermal phosphoric acid was around 10,320 yuan / ton. The ex-factory price of 85 thermal phosphoric acid contained in Sichuan is 10,200-11,000 yuan / ton, the ex-factory price of 85 thermal phosphoric acid contained in Yunnan is about 10,300 yuan / ton, and the market price of 85 85- The content of thermal phosphoric acid in Hubei is about 10,200 yuan / ton The market price of wet phosphoric acid at 85 content in the region is about 9,600 yuan / ton.
In terms of raw material phosphate rock, the domestic market for medium and high quality phosphate rock continued to function stably this week: on 19 September, the reference price of phosphate rock was 1064.00. The supply of phosphate rock in the sector is still scarce and the supply side continues to provide support to the market. At the moment, the commercial atmosphere in the phosphate rock field is mild and downstream purchases are mainly on demand.
In terms of yellow phosphorus raw material, the market price of yellow phosphorus rose this week, continuing the rise of the Mid-Autumn Festival. At the moment, the market is trading well, the national holiday is approaching, the downstream sock is more active, the spot is a little tense, and the yellow phosphorus businesses are running smoothly. As of September 19, the main price of yellow phosphorus in Yunnan is around 37,000 yuan / ton, the main price of yellow phosphorus in Sichuan is around 37,000 yuan / ton, and the main price of yellow phosphorus in Guizhou is around 36,500 yuan / ton.
3. Market outlook forecasts
The business club’s phosphoric acid analyst believes the phosphoric acid market has recently swung higher due to the influence of the upstream market. Downstream demands have increased and trading within the market has heated up. Provided that the price of raw materials continues to rise, the market price of phosphoric acid is expected to continue to rise in the short term.
(Article Source: Business Club)
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