According to the monitoring data of SunSirs, as of July 1, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 1066 RMB/ton, which was 23 RMB/ton higher than that on June 26 (the reference price of phosphorus ore was 1043 RMB/ton), or 2.24%; Compared with June 1 (the reference price of phosphate rock is 910 RMB/ton), the price increased by 156 RMB/ton, or 17.22%.

It can be seen from the data monitoring chart of the business agency that last week, the domestic phosphorus ore market continued to rise in the early stage, and the overall market price continued to move closer to the high end. On June 27 at the beginning of last week, some mining enterprises in Guizhou raised the market price of medium and high-end phosphorus ore again, of which 30% phosphorus ore was raised by 70 RMB/ton. The market price of 30% phosphorus ore in the plant was 1100 RMB/ton, 28% phosphorus ore was raised by 50 RMB/ton, and the market price of 28% phosphorus ore in the plant was 980 RMB/ton.

At present, the domestic phosphate rock supply is still tight, the on-site spot circulation is slow, large mining enterprises are mainly for their own use, and there is no source of goods for export. Most mining enterprises in Guizhou and Guangxi have received pre-sale orders. The good performance of downstream demand also gives strong support to the phosphorus ore market. With the support of both supply and demand, some insiders believe that by the end of this year, the current tight supply environment of phosphorus ore will be difficult to alleviate.

As of July 1, the market price of 30% grade phosphorus ore in Guizhou is around 1050-1100 RMB/ton, the market price of 28% grade phosphorus ore is around 950-980 RMB/ton, and the market price of 23% grade phosphorus ore is around 700 RMB/ton.

In terms of downstream yellow phosphorus, the market price of yellow phosphorus fell in June. After the Dragon Boat Festival, the market price of yellow phosphorus is relatively stable, mainly at a high price, and the shipment situation is acceptable. In the second week of June, there was a short-term decline in the lower price competition of yellow phosphorus. Considering the cost pressure, the manufacturer's quotation rebounded again. In the third and fourth weeks of June, downstream and traders were more cautious about the supply of high price goods. They stayed on the sidelines, mainly purchasing at low prices, and the price of yellow phosphorus fell again. Up to now, the mainstream quotation of Yunnan yellow phosphorus is about 36000 RMB/ton; The mainstream quotation of Guizhou yellow phosphorus is about 37000 RMB/ton; The mainstream quotation of Sichuan yellow phosphorus is about 39000 RMB/ton.

Prediction and analysis of future trend of phosphate rock

At present, as a non renewable resource, the exploitable amount of phosphate rock is declining year by year. Driven by the explosion of lithium iron phosphate battery, the new demand for phosphate rock has also increased significantly. SunSirs believes that in the short term, the domestic phosphate rock market will continue to operate at a high level, and more attention needs to be paid to the news changes of supply and demand.

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