1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyishe, the market price of yellow phosphorus has remained stable this week, with an average price of 23060 yuan/ton.

2、 Market analysis

The market price of yellow phosphorus has remained stable this week. At present, the trading situation in the yellow phosphorus field is light, and as the May Day holiday approaches, manufacturers are mainly placing preliminary orders. We will not provide an external quotation for now, and will discuss the actual order in detail. Downstream procurement is relatively cautious, and negotiations for post holiday orders are being held at lower prices. Market demand is light before the holiday. As of now, the market price for yellow phosphorus is around 23500 yuan/ton, and the actual transaction is negotiable.

In terms of phosphate ore, the phosphate ore market has temporarily stabilized and operated steadily this week. The reference average price of 30% grade phosphate ore in China is around 1042 yuan/ton. The phosphorus ore data analyst from Business Society believes that the trading atmosphere in the phosphate ore field is currently quiet. It is expected that in the short term, the domestic phosphate ore market will mainly adjust and operate within a narrow range.

In terms of coke, the coke market in Shandong Port has been operating strongly this week. As of April 28th, the quasi first level outbound price of Shandong Port is around 2000-2050 yuan/ton, and the first level outbound price is 2100-2150 yuan/ton. The port market atmosphere is still good, and market demand is performing well. On the 28th, the freight cost from Shanxi to Rizhao Port remained stable at 190-195 yuan/ton today.

In terms of phosphoric acid, the market price of phosphoric acid has increased. The average price of domestic hot process phosphoric acid market on Monday was 6660 yuan/ton, and on Friday it was 6680 yuan/ton. The price increased by 0.3% during the week. According to the phosphoric acid analyst from Business Society, the market is supported by pre existing demand, and the phosphoric acid market is operating steadily and steadily.

3、 Future Market Forecast

The yellow phosphorus analyst from the Chemical Branch of Shengyishe believes that the pre holiday market demand is weak, and the trading in the yellow phosphorus market is slowing down. It is expected that the yellow phosphorus market will temporarily operate steadily in the short term, and actual transactions will be discussed on a single basis.