1、 Price trend

According to commodity data monitoring, the price of Yungui yellow phosphorus decreased this week. The average price of yellow phosphorus at the beginning of the week was 14933.33 yuan / ton, and the average price at the end of the week was 14650 yuan / ton. The price in the week decreased by 1.9%.

2、 Market analysis

Yellow phosphorus market prices continue to fall this week. As Dragon Boat Festival is approaching, the demand of downstream customers is light, and most of them will not purchase until after Dragon Boat Festival. At present, the yellow phosphorus Market in Yunnan Province is light, with a market quotation of about 14000-14300 yuan / ton. The market is not good and the price is seriously depressed, and many yellow phosphorus manufacturers do not offer. Guizhou yellow phosphorus market is dominated by low-level operation, and the current mainstream quotation is about 14300 yuan / ton. The downstream demand market is general, and manufacturers mainly adopt enough on demand. The yellow phosphorus Market in Sichuan is light and stable, and the current quotation in Sichuan is about 15000-14200 yuan / ton. Downstream manufacturers who take it with them, on-site spot sales in general.

In terms of raw phosphorus ore, this week domestic phosphorus ore is mainly in stable operation. At present, the reference quotation of 30% grade phosphate ore in Guizhou is around 300-340 yuan / ton. The price is basically the same as the price a week ago. At present, it has basically entered the off-season operation, and the shipment volume is average. Yunnan area: phosphate rock is mainly in stable operation temporarily, and the quotation of 29% grade phosphate ore car plate in Yunnan is about 300 yuan / ton. The market trading of phosphorus ore is general, the market is weak and stable, and the support for yellow phosphorus cost surface is weakened.

In terms of coke, the market price of Panzhihua coke (secondary metallurgical coke) is 1980 yuan / ton, which is the same as that of the previous trading day and 200 yuan / ton higher than that of the same period last month. The coking enterprises in Southwest China started normal operation in the near future, with relatively stable supply and demand, good sales and low inventory. It is expected that the future market will be stable and stronger. The market price of Liupanshui coke (secondary metallurgical coke) is 2050 yuan / ton, which is the same as that of the previous trading day, 130 yuan / ton higher than that of the same period last month. The price in Southwest China is relatively stable compared with that in other regions, with high consolidation in the future.

Downstream, phosphoric acid sales were poor and prices fell. The export of phosphate Market is blocked, the domestic demand is not good, the enterprises maintain the order of old customers mainly, and the demand for yellow phosphorus is general.

3、 Future forecast

Yellow phosphorus analysts from the chemical branch of business news agency believe that the market price of yellow phosphorus fell this week. The upstream phosphorus ore market is weak and stable, the cost support is weak, the sales of downstream phosphoric acid and phosphate enterprises is poor, and the demand for yellow phosphorus is weakened. Considering that some of the current yellow phosphorus enterprises have quoted prices close to the cost of enterprises, it is expected that the yellow phosphorus prices will tilt down slightly in the short term, but there is limited space for reduction.