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Phosphorus yellow News
SunSirs: With good support, the price of yellow phosphorus continued to rise this week
May 24 2022 09:54:11()

1、 Price trend

According to SunSirs data monitoring, the price of yellow phosphorus in Yunnan and Guizhou increased this week. The average price of yellow phosphorus was 38000 yuan / ton last Friday and 39833.33 yuan / ton this Friday. The price increased by 4.82% during the week.

2、 Market analysis

The market price of yellow phosphorus continued to rise this week, and the high price stabilized after the middle of the week. At present, the operating load of yellow phosphorus enterprises is not high, and there is still no significant increase in on-site operation near the wet season. Manufacturers often send early orders, the spot is tight, and the transaction price in the overall market is further close to the high-end. Downstream enterprises are more wait-and-see, and most of them digest the early inventory. The turnover of new yellow phosphorus orders is relatively small, and the manufacturers mainly support the price, mostly stabilize, and some enterprises still have the intention to rise. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 40000 yuan / ton; The mainstream quotation of yellow phosphorus in Sichuan is about 40000 yuan / ton; The mainstream quotation of yellow phosphorus in Guizhou is about 39500 yuan / ton.

In terms of phosphate rock, this week, the domestic phosphate rock market rose as a whole. At present, the overall inventory in the phosphate rock yard is low and the market circulation source is small. From the beginning of this week, the domestic phosphate rock market price continues to move closer to the high end. As of the end of May 20 at the weekend, the price of 30% grade phosphate rock in Guizhou was near 880-890 yuan / ton, and the high-end price reached 930 yuan / ton, an increase of more than 8% this week. The overall mining grade of domestic phosphorus ore is low. With years of mining, the current mining grade has decreased, and the shortage of medium and high-end grade output has promoted the price rise. The phosphorus ore data division of business society believes that in the short term, the overall domestic phosphorus ore market will continue to be high and strong, mainly running.

In terms of coke, the third round of increase and decrease in the coke market this week, with a cumulative increase and decrease of 600 yuan / ton. After three rounds of lifting and lowering, the profits of coking enterprises have shrunk, and a small number of coking enterprises have taken the initiative to reduce production, but the overall operating rate is relatively stable. With the price decline and the recent increase of market traders' inquiries, the coke inventory in the main production areas remains low. Jiao Qi's attitude of supporting prices is gradually rising, and he has a certain attitude of resistance to raising and lowering prices. In terms of downstream steel mills, the profits of manufacturers have been damaged recently, and the operation is relatively normal. The coke inventory in the plant is generally in the normal range. The enthusiasm for replenishing inventory has declined. It is still to maintain rigid demand procurement, and the price has declined. The purchase intention of steel mills has slowed down recently. It is expected that the coke price will be relatively stable in the short-term, and the coke price will be mainly supported by the coke steel enterprises. It is expected that the coke price will be relatively stable in the short-term, and the coke steel enterprises will pay more attention to the short-term operation of the coke market, and the coke price will be supported by the coke steel enterprises.

In terms of phosphoric acid, the price of phosphoric acid increased this week. The average price of phosphoric acid was 10840 yuan / ton last Friday and 11160 yuan / ton this Friday. The price increased by 2.95% within the week.. Recently, due to the rising price of yellow phosphorus as raw material, the support of cost side has been strengthened, the overall focus of phosphoric acid market has shifted upward, and the increase range of enterprise offer is different. It is expected that the phosphoric acid market will rise steadily in the short term.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the SunSirs believes that on the whole, the focus of yellow phosphorus is upward this week, the price of upstream phosphate rock is increased, and the market price of downstream phosphoric acid is increased. The upstream and downstream support is good. At present, the spot of yellow phosphorus is tight. Yellow phosphorus manufacturers mainly support the price and mostly stabilize. Some enterprises still have the intention to rise, but the downstream takes a wait-and-see attitude towards the high price of yellow phosphorus and is more cautious in trading. The price of yellow phosphorus is expected to be strong in the short term.

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

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