The price of raw materials continued to rise, followed by the price of phosphoric acid

1、 Price trend

 

According to the big data list of business associations, the average price of domestic phosphoric acid on October 19 was 4950 yuan / ton, up 1.71% compared with last Monday, 2.06% on a month on month basis, 7.48% lower than the beginning of the year, and 7.76% lower than the same period last year.

 

2、 Market analysis

 

In October, the market of phosphoric acid is stable, and there are not many orders for replenishment after the festival. Recently, driven by the rise of raw material yellow phosphorus, the price of phosphoric acid has followed. Some enterprises have increased 100-150 yuan / ton. Taking Xiangyang Gaolong enterprise as an example, it has increased by 150 yuan to 5000 yuan / ton. Some enterprises have also kept their prices stable and wait for the market. As the yellow phosphorus entered the dry season, the electricity prices in Yunnan and Sichuan were increased, the production costs of yellow phosphorus enterprises increased, and the prices continued to rise, which led to fluctuations in the phosphoric acid market. However, at present, the demand has not been greatly improved, the downstream inquiry is not hot, and the market transaction atmosphere is not warm. Therefore, although there is cost support, the phosphoric acid market is difficult to have a substantial upward space.

 

According to the monitoring of the business agency, as of October 19, the average market price of 85% industrial purified water phosphoric acid was about 4950 yuan / ton, the price of Sichuan Province was 4700-5400 yuan / ton, the price was rising steadily; the price of Yunnan Province was about 4800 yuan / ton, with stable trading; the price of Beijing was about 4700 yuan / ton, the price was temporarily stable; the price of Hubei Province was 4800-5000 yuan / ton About RMB / ton, the price rises; the quotation in Tianjin is about 5500 yuan / ton, which is stable and wait-and-see; the quotation in Jiangsu is about 4550-4600 yuan / ton, rising steadily. Prices have risen steadily in various places.

 

Regional product specification date price (yuan / ton)

Phosphoric acid content in East China: 85% October 19 5260-5280

Phosphoric acid content in Southwest China: 85% October 19 4670-4690

Phosphoric acid content in Central China: 85% October 19 4820-4830

 

The phosphoric acid industry chain rose more than decreased. On October 19, the phosphoric acid industrial chain index was 89.04, up 0.59 points compared with yesterday, 16.20% lower than 106.25 points (2012-03-22), and 14.74% higher than 77.60 points, the lowest point on July 2, 2019. (Note: period refers to 2011-12-01 to now)

 

The overall trend of the yellow phosphorus and inner yellow phosphorus market is upward. The spot sales in the market are basically normal. The price in Yunnan is rising rapidly. The price in Sichuan has also increased. The price in Guizhou is relatively stable. Traders are more cautious in taking goods and mainly purchase on demand in the downstream. In November, the electricity prices in Yunnan and Sichuan increased, and the production costs of yellow phosphorus enterprises increased. At present, the yellow phosphorus enterprises have successively raised their quotations, with the reference price of 16000-16200 yuan / ton..

 

Phosphate rock, into October, after the double festival, domestic phosphate ore began to resume gradually, the field trading stable, heard that some mining enterprises or intend to raise the quotation, new single transaction sporadic high price, the market more wait-and-see. At present, after the high-end quotation of phosphate ore market, the trading is fair, and the procurement is mainly on demand. The reference price is 386.67, which is 2.65% higher than that on October 1 (376.67).

 

Sulfuric acid, in late October, the market of sulfuric acid in Shandong area or a small shock rise. The price of sulfur in the upstream has risen slightly in recent years, and the downstream market has been consolidated at a high level. The demand for sulfuric acid in the downstream is positive, and the product trend is upward under the contradiction between supply and demand. The sulfuric acid analysts of the business agency believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or a small rise.

 

Downstream ammonium phosphate, at present, raw material prices of Monoammonium are rising, the market trading atmosphere is good, and the transaction center is up. It is expected that monoammonium will rise steadily in the short term. The quotation of diammonium continued to be firm, the domestic market was stable, and the international market demand was good. It is expected that diammonium will continue to rise in the short term.

 

3、 Future forecast

 

The phosphoric acid analysts of chemical branch of business society believe that the price of phosphoric acid has been following up with the rise of raw material yellow phosphorus recently, but the demand has not been greatly improved, the downstream inquiry is not hot, and the market transaction atmosphere is not warm. Therefore, although there is cost support, the phosphoric acid market is difficult to have a substantial upward space. It is expected that the trend will be flat in the short term, and the price will rise locally.

Thiourea