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SunSirs: The Overall Phosphate Ore Market Was Stable Last Week (September 16-20)
September 23 2019 10:01:42SunSirs(John)

Price trend

According to the data monitoring of SunSirs, as of September 22, the phosphate ore market was running smoothly. The average price of domestic 30% grade phosphate ore was about 330-430 RMB/ton.

Analysis review

Products: Last week, the phosphate ore market had no fluctuations and continued to operate steadily. The current phosphate ore market is stable, the company has sporadically supplied old customers' orders, and the new single transaction has a slightly weaker atmosphere. Some mining enterprises planed to stop production and reduce production, to reduce production stability and quotation. The price gap between enterprises is large in different regions. At present, the price of 30% grade phosphate ore in Guizhou Fuquan Huifa Mining Co., Ltd. is 370 RMB/ton (including tax), Guizhou Kaiyang Guanglong Mining 30% grade phosphate ore platform price is 350 RMB/ton (including tax), Hebei Province Lushan Phosphate Mine Co., Ltd. 30% grade phosphate ore factory price is 530 RMB/ton (including tax), Hubei Liushugou 28% phosphate ore factory price is 420 RMB/ton.

Industry chain: The market price of yellow phosphorus is temporarily stabilized. Before the National Day holiday, the stocking is nearing the end, and the downstream is mainly replenished. The net phosphorus factory turnover is 18500-20000 RMB/ton. The phosphoric acid market is supported by the cost of raw materials, and there is an upward adjustment intention, but the downstream is cautious and wait-and-see, and the acceptance of high prices is limited.

Market outlook

According to the analysis of the data analyzer from SunSirs, in the short term, the phosphate ore market is expected to continue to operate stably.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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