SunSirs:The phosphoric acid market is temporarily stable this week (4.25-4.29)

1、 Price trend

2、 Market analysis

The price of raw materials decreased slightly this week, and phosphoric acid enterprises watched carefully, mainly issuing orders, and the downstream replenishment was basically completed. In addition, due to the transportation difficulties in Jiangsu and weak market trading, there was profit transfer through negotiation. The supply of wet acid is still tight and the price is rising. As of the weekend, the price of raw materials is about 36000-37000 RMB/ton, and the market price of phosphoric acid is about 10300-11500 RMB/ton. The quotation in Sichuan is about 10250-10600 RMB/ton, that in Hubei is 10350-11500 RMB/ton, that in Shandong is 10500-11000 RMB/ton, and that in Jiangsu is 10500-12000 RMB/ton.

According to the data monitoring of SunSirs, as of April 28, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 763 RMB/ton. Compared with April 1 (the reference price of phosphorus ore was 740 RMB/ton), the price increased by 23 RMB/ton, or 3.15%. Compared with March 1 (the reference price of phosphorus ore was 710 RMB/ton), the price increased by 53 RMB/ton, or 7.51%.

Yellow phosphorus, the price of yellow phosphorus this month mainly fluctuates, the overall rise and fall range is not large, and the sorting operation is mainly. The market trading situation is acceptable. Most yellow phosphorus enterprises operate at high prices. The downstream is more resistant to high price yellow phosphorus, and the purchase price is more depressed. On the whole, there are many enquiries, the transaction is general, the goods are prepared appropriately, the rigid demand is the main, and the price is relatively deadlocked. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 36000 RMB/ton; The mainstream quotation of yellow phosphorus in Sichuan is about 37000 RMB/ton; The mainstream quotation of yellow phosphorus in Guizhou is about 37000 RMB/ton.

According to the phosphoric acid analyst of SunSirs, the raw material price was sorted and operated during the week, the phosphoric acid market was generally stable, local transactions were down, there were few new orders in the market, and the enterprise issued orders. It is expected that the phosphoric acid market will fall steadily.

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