Raw material price reduction, phosphoric acid market price trend downward (6.14-6.18)

1、 Price trend

According to the bulk data list of business society, the average domestic phosphoric acid price on June 18 was 6000 yuan / ton, down 5.51% compared with the beginning of the week, up 13.56% on a month basis, up 21.21% compared with the same period last year.

2、 Market analysis

After the Dragon Boat Festival, the price of raw material yellow phosphorus has been continuously lowered, which has fallen by about 16% so far. After careful observation in phosphoric acid market, the quotation starts to loosen. The enterprises that closed the market in the early stage have resumed their quotation. The main market price is 5500-6700 yuan / ton, and the higher and lower ones are also available. At present, the cost pressure has been reduced compared with the previous stage. The starting load of phosphoric acid enterprises increases, and the price is reduced accordingly. It is still mainly for old customers. The high price transaction is negative, the waiting mood of the industry is not reduced, and there is still a downward expectation in the short term. According to the monitoring of business agency, as of June 18, Sichuan Province has quoted 5500-5900 yuan / ton, Yunnan Province is about 6600-6700 yuan / ton, Beijing is about 4900 yuan / ton, Hubei is around 6500 yuan / ton, Tianjin is about 6400 yuan / ton, Shandong region is about 6000 yuan / ton, and phosphoric acid prices in various regions have fallen back.

region product Specifications date Price (yuan / ton)

Sichuan area phosphoric acid Industrial grade water purification June 18th 5500-5900

Hubei Province phosphoric acid Industrial grade water purification June 18th six thousand and five hundred

Yunnan Province phosphoric acid Industrial grade water purification June 18th 6600-6700

Jiangsu Province phosphoric acid Industrial grade water purification June 18th 6300-6500

Shandong Province phosphoric acid Industrial grade water purification June 18th 6000-6100

Beijing Tianjin region phosphoric acid Industrial grade water purification June 18th 4900-6400

Phosphate ore, after the Dragon Boat Festival, domestic phosphate rock has been stable in operation. The downward trend of yellow phosphorus Market in the downstream has a certain impact on the trend of the phosphorus ore market. However, some mining enterprises in Hubei Province will also bring positive driving force to the market. Therefore, the analysts of phosphorus ore in business society believe that in the short term, the narrow range adjustment of domestic phosphorite market is mainly focused, and the lower price continues to rise, High end prices continue to remain high.

Yellow phosphorus, the second week of June, Yunnan Province began to start to improve the yellow phosphorus enterprises, the market price of yellow phosphorus began to decline. According to the data monitoring of business society, the reference price of yellow phosphorus was 21000.00 as of June 18, down 16% compared with 25000.00 on June 1

3、 Post market forecast

Phosphoric acid analysts of the chemical branch of business society believe that the price of raw materials has been revised back recently, the pressure on cost side has been reduced compared with the previous period, and the price of phosphoric acid enterprises has gradually loosened, and the trend of raw material prices is still carefully watched. It is expected that the phosphoric acid market will still have a downward expectation in the short term, and the price trend of raw materials should be paid attention to.

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