1、 Price trend

According to the business news agency’s block data list, the average price of domestic phosphoric acid on July 19 was 5383.33 yuan / ton, up 9.43% from last Monday, up 6.39% on a month on month basis, and up 32.07% from the same period last year.

2、 Market analysis

Last week, affected by the power rationing in Yunnan, the price of yellow phosphorus rose to 25000 yuan / ton again, and reached 30000 yuan on the 19th. The market price of phosphoric acid rose with it, breaking through the 7000 yuan / ton mark again, with the highest price of 7500 yuan / ton, a sword index of 8000 yuan. At present, the start-up of phosphoric acid enterprises is acceptable, some of them may have tight supply, and some of them have not yet bid for the main supply orders. Therefore, it is prudent to wait and see. With the increase of cost support, the price of phosphoric acid may rise further. According to the monitoring of the business agency, the quotation in Sichuan is about 5750-7000 yuan / ton, in Hebei is about 5600-6900 yuan / ton, in Hubei is about 6500 yuan / ton, in Tianjin is about 6400-7500 yuan / ton, in Jiangsu is about 6000-6850 yuan / ton, in Shandong is about 6000-6400 yuan / ton, and the price of phosphoric acid in various places is generally rising.

According to the data monitoring of business news agency, as of July 19, the average reference price of 30% grade phosphate ore in mainstream areas in China was around 550 yuan / ton, which increased by 20 yuan / ton, or 3.77%, compared with July 11 (530 yuan / ton); Compared with the price on June 1 (reference average price of phosphate rock 510 yuan / ton), the average price increased by 40 yuan / ton, or 7.84%. At present, China’s phosphorus ore market is running at a high level. The supply of mines in Guizhou is tight, and the phosphate rock industry expects that the price of phosphate rock will continue to move towards the high end.

Yellow phosphorus. Since July, the price of yellow phosphorus has been in a high consolidation stage. Recently, affected by the power rationing in Yunnan, the price of yellow phosphorus has risen again. The operating rate of yellow phosphorus has declined, and the spot market is tight. The main manufacturers issue orders in the early stage, and some manufacturers temporarily stop quoting. On July 19, the reference price of yellow phosphorus was 27000.00, up 39.53% compared with July 1 (19350.00). Due to the rapid rise in prices, the market more wait-and-see, manufacturers send early orders, new orders are limited.

3、 Future forecast

According to the phosphoric acid analysts of the chemical branch of business society, at present, the rising raw material prices and the strong cost support have led to the rapid rise of phosphoric acid prices. Most of the operators are cautious and wait-and-see, and are expected to continue to rise in the short term. They also need to pay close attention to the cost changes.