I. price trend

According to commodity data monitoring, the price of Yungui yellow phosphorus fell slightly this week. At the beginning of the week, the average price of yellow phosphorus was 18855 yuan / ton, and at the end of the week, the average price was 18250 yuan / ton, with a slight drop of 1.62% in the week.

II. Market analysis

Product: yellow phosphorus market price fell slightly this week. Downstream replenishment enthusiasm is not high, market procurement is not warm. At present, the main quotation of yellow phosphorus in Yunnan is about 18000 yuan / ton. The main quotation in Sichuan is about 18500-18100 yuan / ton. The overall market is light, and traders mainly wait and see.

Industry chain: this week, the phosphorus ore market continues to be consolidated and operated. The market is still weak. Many mining enterprises have limited production and quoted prices. The prices were not adjusted years ago. A small part of the mine prices fluctuated slightly by 30%. The price of grade phosphorus ore was reduced by 10-40 yuan / ton. The market as a whole is still running smoothly. After the price of coke rose by 50 yuan / ton in the second round, the supply of domestic spot market of coke declined due to environmental protection, production restriction, capacity reduction and other factors, and the market mentality was optimistic. At present, the mainstream price of secondary metallurgical coke in Panzhihua coke market of Sichuan Province is 2030 yuan / ton, and that in Liupanshui coke market of Guizhou Province is 2270 yuan / ton. The downstream phosphoric acid market is mainly for finishing and operation. At present, the hot process phosphoric acid is generally shipped, and the wet process is relatively good. The downstream starts the year-end stock stage. Phosphoric acid market as a whole was flat, with prices down slightly.

III. future forecast

According to the yellow phosphorus analyst of business and social chemical branch, the price of yellow phosphorus market fell slightly this week, the overall market of yellow phosphorus was light, and the downstream demand was insufficient, so it was difficult to form a strong support for the market. It is expected that the weak operation of yellow phosphorus price will be the main factor.