1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou increased this week. The average price of yellow phosphorus was 37333.33 yuan / ton on Monday and 38000 yuan / ton on Friday. The price increased by 1.79% within the week.

2、 Market analysis

The market price of yellow phosphorus rose this week. The overall market price is close to the high-end, and the manufacturer mainly sends early orders. The spot is tight, and an appropriate amount of goods are prepared in the downstream, focusing on the rigid demand. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 38000 yuan / ton; The mainstream quotation of yellow phosphorus in Sichuan is about 39000 yuan / ton.

In terms of phosphate rock, this week, mining enterprises in some parts of China raised the price of medium and high-end phosphate rock again by about 20-30 yuan / ton, of which the adjusted market price of 30% grade phosphate rock in Guizhou is about 780-830 yuan / ton. Some Guizhou mining enterprises are short of supply, so they will not receive orders and quotations for the time being. The adjusted market price of 30% grade phosphorus ore in Guangxi is around 790-840 yuan / ton. As of May 12, the market price of 30% phosphorus ore in China was around 800 yuan / ton, with an increase of nearly 5% in the first ten days of May. At present, the domestic phosphate ore market as a whole continues to operate at a high level, the downstream demand is normal, and the trading atmosphere on the site is good.

In terms of coke, coking coal prices fell this week. The average market price at the beginning of the week was about 3255 yuan / ton, and the average market price at the weekend was 3171.67 yuan / ton. The price fell by 2.56%, and the price increased by 98.64% compared with the same period last year. The coking coal market operates weakly. In terms of origin, most coal mines maintain normal production, but the downstream wait-and-see mood is strong, the purchase enthusiasm is reduced, and the new orders of coal mines are reduced; In terms of downstream coke, the second round of increase and decrease has been fully implemented, profits have become more and more tight, and the market is mainly on the sidelines.

In terms of phosphoric acid, the price of phosphoric acid increased this week. The average price of phosphoric acid was 10710 yuan / ton on Monday and 10840 yuan / ton on Friday. The price increased by 1.21% within the week. Due to the rising price of raw yellow phosphorus and the strengthening of cost support, the offer of phosphoric acid enterprises increased, but the downstream demand followed up generally, and there is little room for rise. 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 business agency believes that on the whole, the focus of yellow phosphorus is upward this week. Enterprises have sufficient orders, the price of upstream phosphate rock has increased, and the coke market has declined. The market price of downstream phosphoric acid increased. The upstream and downstream support is acceptable. At present, the spot of yellow phosphorus is tight, and the price of yellow phosphorus is expected to be strong in the short term.