According to the data monitoring of business agency, as of May 24, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 870 yuan / ton. Compared with May 1 (the reference price of phosphorus ore was 763 yuan / ton), the price increased by 107 yuan / ton, or 13.97%.

It can be seen from the data monitoring chart of business agency that in May, the domestic phosphorus ore market experienced several price adjustments, and the market focus continued to focus upward. The main reason for supporting the upward trend of phosphorus ore market is that at present, the supply of domestic phosphorus ore continues to be tight. Many large factories mainly use medium and high-end phosphorus ore for their own use, and some mining enterprises mainly send orders from core and old customers. There are basically no surplus goods for export. Most enterprises suspend quotation, there are few goods in circulation on site, and the tight supply situation has not been alleviated. Therefore, the market price has been rising repeatedly. As of May 24, the market price of 30% grade phosphorus ore in Guizhou is around 880-930 yuan / ton, which needs to be discussed separately. At present, the average grade of phosphate rock in China is low. With years of mining, the average grade in China will decline in 2022, and the mining is limited. In addition, the price difference of phosphate rock at home and abroad is large, so some enterprises have a certain mentality of reluctant to sell. According to the statistics of the National Bureau of statistics, by March 2022, the domestic phosphate rock output had accumulated 2391.2 tons.

In terms of downstream yellow phosphorus, in May, the domestic yellow phosphorus market price operated upward. At present, the operating load of yellow phosphorus enterprises is not high, and there is still no significant increase in on-site operation near the wet season. Manufacturers often send early orders, the spot is tight, and the transaction price in the overall market is further close to the high-end. Downstream enterprises are more wait-and-see, and most of them digest the early inventory. The turnover of new yellow phosphorus orders is relatively small, and the manufacturers mainly support the price, mostly stabilize, and some enterprises still have the intention to rise. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 40000 yuan / ton; The mainstream quotation of yellow phosphorus in Sichuan is about 40000 yuan / ton; The mainstream quotation of yellow phosphorus in Guizhou is about 39500 yuan / ton., According to the monitoring data of business agency, the reference price of yellow phosphorus was 39833.33 yuan / ton on May 23, an increase of 9.13% compared with May 1 (36500 yuan / ton).

Prediction and analysis of future trend of phosphate rock

At present, the tense supply situation in the domestic phosphorus ore market still needs time to be alleviated. The phosphorus ore data division of business society believes that in the short term, the domestic phosphorus ore market will continue to be high and strong, mainly sorting and operation, and more attention needs to be paid to the news changes of supply and demand.