The market is light, and the price of yellow phosphorus market has declined steadily this week (11.10-11.15)

I. price trend

 

According to commodity data monitoring, the price of Yungui yellow phosphorus fell slightly this week. The average price of yellow phosphorus at the beginning of the week was 18866.67 yuan / ton, and the average price at the end of the week was 18800 yuan / ton. The price fell slightly within the week, with a range of 0.35%.

 

II. Market analysis

 

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Product: yellow phosphorus market price fell slightly this week. Downstream replenishment enthusiasm is not high, market procurement is not warm. At present, the main quotation of yellow phosphorus in Yunnan is about 18600 yuan / ton. The main quotation in Sichuan is about 18800 yuan / ton. The main quotation of yellow phosphorus in Guizhou is about 18500 yuan / ton. The overall market is light, and traders mainly wait and see.

 

Industry chain: this week, the market of phosphorus ore has been in a weak state of consolidation. The enterprises supply the orders of old customers sporadically, continue to digest the inventory, and the new orders are rare. The average price of 30% grade phosphate rock in China is around 416.67 yuan / ton, which is 1.57% lower than that of November 1. In the first half of November, the domestic coking coal market fell in shock. According to the monitoring of the business agency, as of November 15, the coking coal fell by 4.18%, and the current tax price range is 1360-1500 yuan / ton. Phosphoric acid market maintained stable consolidation, and on-site trading was still relatively light.

 

III. future forecast

 

According to the yellow phosphorus analyst of the chemical branch of business society, the price of yellow phosphorus market fell slightly this week, the overall market of yellow phosphorus was light, and the downstream demand was insufficient, so it was difficult to form a strong support for the market. It is expected that the price of yellow phosphorus will be mainly consolidated.

http://www.lubonchem.com/

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