Product Name: phosphate rock
Latest price (May 5): 786.67 RMB/ton
Key points of analysis: according to the data monitoring chart of SunSirs, on May 5, the domestic phosphorus ore market generally operated upward. The average market price of 30% grade phosphorus ore in China was 786.67 RMB/ton. Compared with the previous working day, the price increased by 23 RMB/ton, or 3.06%. On the 5th, after returning from the festival, the domestic phosphate ore market was still in short supply as a whole, the on-site inventory was low, the downstream demand was stable, and the operator's quotation was firm. The quotation of 30% grade phosphate ore factory in Guizhou was around 720-820 RMB/ton.
Aftermarket forecast: at present, the supply and demand side of the domestic phosphorus ore market is performing well. Phosphorus ore analysts of business society believe that in the short term, the domestic phosphorus ore market is mostly high-level consolidation and operation, and more attention needs to be paid to the news changes of supply and demand side.
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