1. Price trend

According to the commodity market analysis system of SunSirs, as of July 4, the reference average price of domestic 85% industrial-grade thermal phosphoric acid was 6,640 RMB/ton, which was 0.75% lower than the reference average price of 6,690 RMB/ton on June 30.

2. Market analysis

The domestic phosphoric acid market price fluctuated slightly last week. As of July 4, the ex-factory price of 85% thermal phosphoric acid in Hubei was around 6,250-6,800 RMB/ton, the ex-factory price of 85% thermal phosphoric acid in Yunnan was around 6,450 RMB/ton, and the ex-factory price of 85% thermal phosphoric acid in Sichuan was around 6,400-6,800 RMB/ton. The domestic 85% wet-process phosphoric acid market price was around 6,300-6,800 RMB/ton.

Cost

Raw material yellow phosphorus. The market price of raw material yellow phosphorus rose last week. Manufacturers mainly support prices, and it is difficult to find low prices in the downstream. The transaction price of yellow phosphorus market has moved up. After the rise of yellow phosphorus, the market trading atmosphere has weakened. It is expected that the short-term yellow phosphorus price will be mainly weak and consolidated.

3. Market Forecast

The phosphoric acid analyst of SunSirs believes that the phosphoric acid market has stabilized recently. The price increase of raw material yellow phosphorus has temporarily slowed down, and the market is not optimistic. The phosphoric acid market is lightly traded, and new orders in the market are limited. It is expected that the domestic phosphoric acid market price will be mainly stable and consolidated in the short term.

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