Analysis on the Operation of Phosphate Ore Market in March (3.1-3.29)

Price Trend

According to the monitoring of Shangshe Phosphate Ore Price, the domestic phosphate ore market has remained stable in the past month. At the beginning of March, the main ex-factory quotation range of the phosphate ore market was 400-500 yuan/ton, and the average price was about 450 yuan/ton. Compared with the market situation after the year, there was no significant fluctuation.

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II. Market Quotations

Products: At present, the domestic phosphate ore market remained stable as a whole in March. At the beginning of March, the price of domestic phosphate ore is as follows: 30% grade phosphate ore mainstream factory quoted 410-470 yuan/ton in Guizhou, 30% grade phosphate ore mainstream platform price 480-550 yuan/ton, 34% grade phosphate ore mainstream factory quoted 490 yuan/ton in Hebei, 30% grade phosphate ore mainstream factory quoted 240 yuan/ton without tax, 33% grade phosphate ore mainstream factory quoted 390 yuan/ton without tax, 34% grade phosphate ore mainstream factory quoted 490 yuan/ton without tax, and 30% grade phosphate ore mainstream factory quoted 490 yuan/ton without tax. % Price of 400 yuan/ton of grade phosphorus ore without tax is mainstream. Until the end of March, the market of phosphorus ore is running normally, the downstream demand is gradually warming up, and the domestic phosphorus ore market as a whole shows the trend of stable operation.

3. Future Market Forecast

Business associations phosphate analysts believe that the current downstream demand is still acceptable. Generally speaking, due to the influence of the upstream and downstream markets, the downstream phosphate market prices will remain stable in April, with little fluctuation or a slight increase. The specific trend of the phosphate ore market depends on downstream demand and market supply conditions and other factors.

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