According to the data monitoring of SunSirs, as of April 7, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 763 RMB/ton. Compared with the price on April 1 (the reference average price of phosphorus ore was 740 RMB/ton), the average price increased by 23 RMB/ton, or 3.15%.

The supply side continued to support the rise of phosphorus ore after the Qingming Festival

It can be seen from the data monitoring chart of the SunSirs that after the Qingming Festival in April, with the support of tight supply, the market price of phosphorus ore in some areas is close to the high-end again. With the advent of spring ploughing season and the increase of peak season, the downstream demand performs well, the supply in the phosphate rock yard continues to be tight, and some mining enterprises mainly issue contract users, so there is no external quotation for the time being, Some mining enterprises in Guizhou and Guangxi have raised the market price of medium and high-end grade phosphorus ore. among them, the increase range of 30% grade phosphorus ore in Guizhou is around 20-40 RMB/ton, the difference between high and low prices in the yard is widened, and the freight yard price of 30% grade phosphorus ore is around 680-790 RMB/ton. The increase range of 30% phosphate rock in Guangxi is around 30 RMB/ton, the freight yard price of 30% grade phosphate rock is around 750-790 RMB/ton, and the freight yard price of 28% grade phosphate rock is around 650-710 RMB/ton. At present, the inventory of phosphate rock quarry is low, the downstream stock mood is good, and the trading atmosphere in the yard is mild.

In terms of downstream yellow phosphorus, in April, the domestic yellow phosphorus Market temporarily operated stably, the market trading was light, the transportation was limited, and the overall market was weak. According to the data of business agency, the reference price of yellow phosphorus was 36750 RMB/ton on April 6. Compared with April 1, the price was basically the same and decreased by 6.57% compared with March 1 (39333.33 RMB/ton).

Prediction and analysis of future trend of phosphate rock

April is the peak season for spring ploughing and sowing. The demand for phosphate fertilizer at the downstream of phosphate rock terminal increases to support the market. In addition, the short-term supply of phosphate ore field is tight, and the improvement is limited. Therefore, the phosphate ore data division of business society believes that in the short term, China's domestic phosphate ore market will mainly focus on high-level consolidation and operation, and more attention needs to be paid to the news changes of supply and demand.

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