1、 Price trend

According to the monitoring of the commodity market analysis system of Business Society, the domestic yellow phosphorus market is on the rise. The average price of yellow phosphorus on Monday was 22962.67 yuan/ton, and this Friday’s average price was 23862.67 yuan/ton, with a price increase of 3.92%.

2、 Market analysis

This week, the domestic yellow phosphorus market has been on the rise, and the overall market trading situation is relatively active. The market is driving steadily, with traders and downstream buyers showing good enthusiasm, and yellow phosphorus manufacturers collectively increasing prices. The focus of new transactions has shifted upwards. As of now, the market quotation for yellow phosphorus is around 23800-24000 yuan/ton, and the actual transaction is negotiable.

In terms of phosphate ore, according to data monitoring from Business Society, the domestic phosphate ore market has remained stable this week, with an average price of 1056 yuan/ton. At present, the trading atmosphere in the domestic phosphate ore market is mild, and the mentality of the industry is good. Some downstream companies prepare goods before the new year and purchase according to the quantity. According to the phosphate ore data analyst of Business Society, the domestic phosphate ore market is mainly stable in the short term, and the specific trend needs to pay more attention to the influence of factors such as demand and downstream shipment situation.

In terms of coke, according to the analysis of the commodity market by Business Society, the atmosphere in the coke market was weak this week. The average price of coke on Monday was 2328.33 yuan/ton, and on Friday it was 2226.67 yuan/ton, a decrease of 4.37%. The coke market in Shandong port is operating weakly, with spot market prices slightly decreasing. The quasi first level outbound price at the port is around 2300 yuan/ton, and the first level outbound price is 2400 yuan/ton. The port market is operating weakly, with inventory at the two ports slightly declining. The enthusiasm of traders in the spot market to gather at the port is weak, and market trading is slightly sluggish, with actual transactions being relatively low.

In terms of phosphoric acid, according to the monitoring of the commodity market analysis system of Business Society, the market price of phosphoric acid has decreased this week. The average price of phosphoric acid on Monday was 6510 yuan/ton, and on Friday it was 6360 yuan/ton, with a price reduction of 2.3%. The phosphoric acid data analyst from Business Society predicts that the phosphoric acid market is weak, with average downstream demand and weak consolidation in the market.

3、 Future Market Forecast

The yellow phosphorus analyst from the Chemical Branch of Business Society believes that the upstream phosphate ore market is currently stable, the overall coke market is weak, and cost support is average. The downstream has a good enthusiasm for purchasing yellow phosphorus, and the on-site trading atmosphere is active. It is expected that in the short term, the yellow phosphorus market will tend to strengthen and consolidate, with a single discussion.