Phosphoric acid market remained stable this week (11.2-11.8)

1、 Price trend

 

PVA 2699

According to the big data list of business associations, the average price of domestic phosphoric acid on November 8 was 5000 yuan / ton, which was flat compared with the beginning of the week, up 2.74% month on month, 6.54% lower than the beginning of the year, and 6.25% lower than the same period last year.

 

2、 Market analysis

 

This week, the domestic phosphoric acid market was stable and small movements, with sporadic and minor increases. After being strongly supported by the cost side in the early stage, the business offers continued to rise, and the trading center shifted upward. Taking Hubei Xingfa group as an example, it is now up to 4900 yuan / ton, a slight increase of 100 yuan. Other regions still have bullish expectations, and the market center of gravity begins to move up. At present, the spot price of raw material yellow phosphorus market is slightly tense, and the manufacturers intend to support the price. However, the downstream demand is not followed up enough, the transaction enthusiasm is not high, and most manufacturers are in a wait-and-see state. In the short term, the market of phosphoric acid is slightly deadlocked. At present, the quotations of mainstream manufacturers refer to 4700-5600 yuan / ton, slightly rising.

 

According to the monitoring of the business agency, as of November 8, the average market price of 85% industrial purified water phosphoric acid was about 5000 yuan / ton, the price in Sichuan was 4850-5400 yuan / ton, the price was rising, the price in Yunnan was about 4800 yuan / ton, the transaction was stable; the quotation in Beijing was about 4700 yuan / ton, the price was temporarily stable; in Hubei, the price was about 4900-5050 yuan / ton, the price was rising; in Tianjin, the price was 5600 yuan The price is stable for the time being; the price in Jiangsu Province is about 4800 yuan / ton, rising steadily. The price in Guangxi is about 5600 yuan / ton, and the price is rising steadily.

 

PVA 1799 (PVA BF17)

In terms of raw materials, the overall trend of the domestic yellow phosphorus market is relatively strong, manufacturers mainly issue early orders, and the spot market of yellow phosphorus is slightly tense. Be careful when you take the goods downstream. With the increase of electricity price, manufacturers intend to support the price. It is expected that the price of yellow phosphorus will increase slightly in the short term.

 

Regional product specification date price (yuan / ton)

Phosphoric acid content in East China: 85% Nov 6 5380-5400

Phosphoric acid content in Southwest China: 85%, November 6, 4850-4890

Phosphoric acid content: 85% in Central China

 

3、 Future forecast

 

Phosphoric acid analysts of chemical branch of business society believe that the spot price of raw material yellow phosphorus market is slightly tense, and the manufacturers intend to raise the price. However, the downstream demand of phosphoric acid is not followed up, and the transaction enthusiasm is not high, and most of the operators are on the wait-and-see state. It is expected that the phosphoric acid market will stabilize temporarily in the short term, and the future market may still be expected to rise with the narrow fluctuation of cost.

POLYVINYL ALCOHOL