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SunSirs: In April, the Phosphate Rock Market Remained Stable
April 10 2020 10:56:05SunSirs(John)

Price trend

According to the data monitoring of SunSirs, on April 9, the domestic phosphate rock market operated in a small fluctuation. Based on several sample areas, the reference price of 30% grade phosphate roc at the initial high end was around 330-420 RMB/ton.

 

Analysis review   

Product: In April, the domestic phosphate rock market as a whole remained low and stable, and the market was mostly in a state of consolidation. New orders were generally traded in the market, and the on-site construction continued to improve slowly. At present, large-scale mining enterprises in Guizhou and other places offer stable prices. In Guizhou, 28% of the grade phosphate rock plants offer 320-340 RMB/ton; 30% of the grade phosphate rock plants offer 340-370 RMB/ton. Hubei area: 28% ammonium phosphate ore shipboard quotation is about 380-410 RMB/ton; 30% ammonium phosphate ore shipboard quotation is about 430-440 RMB/ton, of which, the factory quotation of 28% phosphate rock in Liushugou, Hubei Province is 390 RMB/ton, and the factory quotation of 30% phosphate rock in Liushugou, Hubei Province is 430 RMB/ton. Yunnan area: the quotation of 28% ammonium phosphate ore car plate is about 270-320 RMB/ton, and the factory quotation of 29% phosphate ore in Yunnan is about 320 RMB/ton.

Industrial chain: Since April, the yellow phosphorus market has been in weak and stable operation as a whole. After the festival, the market trading has been improved. There are many replenishment orders, a large number of new orders of some traders, the market supply is tight, and the transaction price of new orders is relatively firm. At present, the net phosphorus ex factory acceptance transaction in Yunnan Province refers to 15,800-16,200 RMB/ton. Phosphoric acid market weak slightly downward finishing operation, the current market trading situation is general.

 

Market outlook

According to the analysis of the data analyst of SunSirs, the inquiry of downstream products of phosphate rock has not been significantly improved in recent days. The overall market trend is weak, and it is expected that the market will remain weak and stable in the short term.

 

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