1、 Price trend
According to the bulk data list of business agency, the average price of domestic phosphoric acid on January 1 was 5350 yuan / ton, and on January 15 it was 5333.33 yuan / ton, which slightly decreased by 0.31% in half a month, up 23.55% compared with the same period last year. On January 14, the phosphoric acid commodity index was 116.58, up 0.37 points from yesterday, down 9.60% from 128.96 (2019-07-25), the highest point in the cycle, and up 27.90% from 91.15, the lowest point on October 13, 2016. (Note: cycle refers to 2011-09-01 to now)
| PVA 1788 (PVA BP17) |
2、 Market analysis
Product: the phosphoric acid market is weak and stable in the near future. The price of raw materials is stable for the time being, and the phosphoric acid market is also stable. The stock up of downstream enterprises before the festival is basically completed, and a few enterprises replenish goods sporadically. At present, the phosphoric acid market is generally traded, and the enterprise is still in good condition. Near the end of the year, the logistics has been shut down in succession, the factory is off in advance, and the phosphoric acid market is temporarily stable. According to the monitoring of business association, as of January 15, the average market price of 85% industrial purified water phosphoric acid was about 5333.33 yuan / ton, and the mainstream price was about 4700-5700 yuan / ton. The enterprise adjusted the price according to itself.
Industry chain: the domestic phosphate ore market continues to maintain a weak finishing operation, and the price of phosphate ore is lower than that just in winter. Yellow phosphorus spot is tight, yellow phosphorus trading gradually decreases towards the end of the year, mainly stable. The phosphate market remained stable for the time being, with limited market start-up.
| PVA |
Industry: according to the price monitoring of the business agency, there are 9 kinds of commodities in the list of rise and fall of bulk commodity prices on January 14, 2020, among which the top three commodities are acetone (4.08%), R22 (1.87%) and polyformaldehyde (1.86%). There are 14 kinds of commodities with a decline in the month on month, and the top three products are propane (- 2.50%), ammonium chloride (- 1.56%) and mixed xylene (- 1.22%). The average rise and fall of this day is 0.01%.
3、 Future forecast
| POLYVINYL ALCOHOL |
According to the phosphoric acid analyst of the chemical branch of business society, the preparation of the downstream phosphoric acid before the festival is basically completed, and a small number of enterprises make up sporadically. Near the end of the year, the logistics has been shut down and the factory is about to have a holiday. It is expected that the phosphoric acid market will remain weak and stable in the near future.