The Spring Festival is coming, and the domestic phosphorus ore in China will be in stable operation in early February

According to the data monitoring of business news agency, as of February 5, the reference average price of 30% grade phosphorus ore in mainstream areas in China was around 403 yuan / ton, which was basically the same as the price in early February (February 1). Compared with the price in early January (reference average price on January 1 was 396 yuan / ton), the average price increased by 7 yuan / ton, or 1.68%.


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With the Spring Festival approaching, the domestic phosphorus ore is in stable operation


In February, near the Spring Festival, China’s domestic phosphorus ore market as a whole continues to maintain a stable consolidation operation, downstream demand is gradually weakening, downstream users have basically suspended receiving new orders, the market trading atmosphere is cold, the price adjustment before the festival is limited, it is heard that the actual transaction price in Guizhou is slightly low, and enterprises mainly focus on the delivery of early orders and a small amount of shipping.


At present, the phosphorus ore market in the first week of February is weak and stable. As of February 5, the price of 28% ammonium phosphate ore in Hubei Province is around 370-390 yuan / ton, and the price is basically stable. Guizhou region: 30% grade phosphate ore car plate quotation reference 340-380 yuan / ton nearby; 28% grade phosphate ore car plate quotation reference 280-320 yuan / ton nearby. Guizhou Xinxin group mainly supplies more than 28% quality phosphate rock. At present, the phosphate mine is still in operation. There is a pressure plan during the Spring Festival. The price of 30% phosphate rock is around 380 yuan / ton. Guangxi region: 28% of the price of phosphate rock slab is around 290-320 yuan / ton, and 30% of the price of phosphate rock slab is 340-370 yuan / ton. The quotation of 30% grade phosphate ore car plate in Guangxi songgan business is around 350 yuan / T; the quotation of 28% grade phosphate ore car plate is around 300 yuan / T.


In terms of downstream and yellow phosphorus, the domestic yellow phosphorus market continued to maintain a stable finishing operation, and the downstream orders received before the festival were small. As of February 5, the domestic yellow phosphorus reference price was 16700 yuan / ton, up 0.2% compared with February 1 (16666.67 yuan / ton). Phosphoric acid market is in weak and stable operation before the festival.


New orders in the lower reaches are gradually reduced, and the market of phosphorus ore is mainly stable


With the coming of the new year, downstream enterprises in the domestic phosphorus ore market have suspended receiving orders one after another, and the mines are mainly supplying orders from old customers in the early stage. Phosphorus ore analysts from the business community believe that the phosphorus ore market is mainly stable on the eve of the Spring Festival.

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