1、 Price trend
According to the bulk data list of business agency, on August 15, the reference average price of domestic 85% phosphoric acid was 7920 yuan / ton, and on August 19, the reference average price of domestic 85% phosphoric acid was 8116 yuan / ton. This week, the price of domestic 85% industrial grade phosphoric acid increased by 2.48%.
2、 Market analysis
This week, phosphoric acid prices stopped falling and rebounded. Due to the strong yellow phosphorus Market of raw materials this week, the cost support is favorable, and the phosphoric acid market price rises. In Sichuan, due to power limitation and cost rise, most manufacturers suspended quotation and order receiving. As of August 19, the factory price of 85% phosphoric acid in China was 7800-8800 yuan / ton, and the market price was 8500-9500 yuan / ton. The quotation in Sichuan is suspended. The ex factory quotation of 85% phosphoric acid in Yunnan is about 7800 yuan / T, the market quotation of 85% phosphoric acid in Hubei is about 9200 yuan / T, and the market quotation of 85% phosphoric acid in Nanjing is about 9000 yuan / T.
The raw material is phosphorus ore. This week, the domestic phosphate ore market was in a high-level consolidation operation. At present, the domestic phosphate rock supply is still tight, and the spot circulation is small. Some large phosphate rocks continue to be mainly used for their own use, while some other mining enterprises continue to receive pre-sale orders. The details are discussed in a single way according to the regional volume and other factors. For some enterprises that need to purchase phosphate ore as raw material, the continuous high price of phosphate rock and tight supply have brought certain pressure to the enterprises. On August 19, the reference price of phosphate rock was 1100 yuan / ton.
The raw material is yellow phosphorus. The market price of yellow phosphorus continued to rise this week. At present, the yellow phosphorus enterprises are obviously reluctant to sell. Now they mainly issue early orders. Most yellow phosphorus manufacturers do not offer external prices for the time being, and only one is discussed. At present, power is limited in Sichuan, and yellow phosphorus enterprises are shut down. Due to the impact of the epidemic situation in Weng’an District of Guizhou, the transportation of yellow phosphorus in some areas is limited, which is more troublesome than before. Some companies in Yunnan are overhauled, and the quotation is suspended. The quotation of yellow phosphorus manufacturers under normal operation was increased. Downstream enterprises mainly focus on just needs, and take it with them. Up to now, the mainstream price of yellow phosphorus in Guizhou is about 32000 yuan / ton.
3、 Future forecast
According to phosphoric acid analysts of business association, the price of yellow phosphorus, the raw material, has risen strongly recently, and the cost of raw materials has increased, which is favorable to the cost side. Power is limited in Sichuan, and the on-site phosphoric acid supply is tightened. Under the favorable factors, it is expected that the market price of phosphoric acid will continue to rise in the short term.