Price Trend
According to commodity data monitoring, yellow phosphorus prices were basically stable this week. At the beginning of the week, the average price of yellow phosphorus was 15 825 yuan/ton, and at the end of the week, it was 15 850 yuan/ton. The price only rose slightly within the week, the range was 0.16%.
II. Market Analysis
Product: The price of yellow phosphorus is basically stable this week. In Yunnan, yellow phosphorus enterprises started construction slightly, but the overall start-up is still at a low level. Spot supply in yellow phosphorus market is still tight. Individual manufacturers have tentatively adjusted their quotations upwards, and their price-fixing mentality is still in existence. Downstream enterprises have a good mentality and relatively stable purchasing. This week, the yellow phosphorus negotiation area is about 15800 yuan/ton.
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Industry chain: The upstream phosphate ore market is in the traditional stoppage period, and the mainstream price is about 450 yuan/ton. March is still a dry season. The electricity price of yellow phosphorus enterprises has increased. The price of coke and graphite electrodes has also maintained a high level. The price of yellow phosphorus still has a rising trend. In the short term, the start-up rate of downstream yellow phosphorus enterprises remains stable and the demand is good.
3. Future Market Forecast
The yellow phosphorus analyst of Business Society Chemical Branch believes that the overall domestic demand for yellow phosphorus is good, the downstream demand is relatively stable, the demand in the field is still supported, and the price of yellow phosphorus is still on the rise.
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