Price Trend
According to the monitoring data of business associations, the domestic phosphate ore market maintained stable operation this week. Some areas fluctuated slightly. Combined with several sample areas, the average price of initial and high-grade phosphate ore was around 430 yuan per ton.
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II. Market Analysis
Product: This week, the price of phosphate ore is stable, and the supply of phosphate ore is normal. The price of phosphorus ore in Guizhou is stable. The price of 30% grade phosphorus ore mainstream freight plant/car plate is 370-450 yuan/ton. The price of 30% grade phosphorus ore mainstream export tax is maintained near 520 yuan/ton in Hebei. This week, the phosphorus ore market is running normally.
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Industry chain: phosphoric acid market of downstream products is rising, yellow phosphorus market is rising at a high level. At present, phosphoric acid enterprises have started construction steadily, the spot supply is tight, the stock of raw materials is urgent, the supply is difficult to find, and the holder offers high. The price of raw material yellow phosphorus is closely related to the rise and fall of phosphoric acid. Under the influence of some factors such as partial shutdown of Yunnan-Guizhou-Sichuan yellow phosphorus enterprises, sudden drop of output and policy, the price of on-site yellow phosphorus enterprises soared, which led to the rise of phosphoric acid prices, and some enterprises suspended quotations and orders.
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3. Future Market Forecast
Business society data analysts believe that the phosphate ore market will continue to operate smoothly in the middle and late July.