1、 Price trend
According to the business news agency’s block data list, the average price of domestic phosphoric acid on March 5 was 5216.67 yuan / ton, up 0.97% from the beginning of the week, up 3.3% on a month on month basis, and down 2.8% from the same period last year.
2、 Market analysis
This week, the phosphoric acid market continued to rise steadily. Recently, the price of raw material yellow phosphorus rose slightly. The price of phosphoric acid continued to rise cautiously. Compared with before the Spring Festival, the price increased by about 100-300 yuan / ton, and the low-end price gradually moved closer to the high-end price. At present, the market is gradually warming up, the downstream demand has slightly improved after the festival, the wait-and-see attitude has not decreased, and the actual transaction is tepid. According to the monitoring of the business agency, as of March 5, the quotation in Sichuan was 4900-5550 yuan / ton, that in Yunnan was 5100 yuan / ton, that in Beijing was 4800 yuan / ton, that in Hubei was 5100-5400 yuan / ton, and that in Tianjin was 5900 yuan / ton. The prices in various regions rose steadily.
Regional ﹣ product specification ﹣ date ﹣ price (yuan / ton)
Sichuan Province: 85% industrial grade ﹣ 4900-5550
Hubei Province: 85% industrial grade 5100-5400
Yunnan Province: 85% industrial grade 5100
In Beijing and Tianjin, the content of ﹣ 4 ﹣ is 85% industrial grade ﹣ 4800-5900 on March 5
In terms of raw materials, the price of yellow phosphorus rose this week, and the spot of yellow phosphorus was relatively tight. The main manufacturers made orders in the early stage, and the downstream purchased properly. On March 5, the reference price of yellow phosphorus was 17600.00, up 2.03% compared with March 1 (17250.00). At present, the spot of yellow phosphorus is tight, and the downstream is suitable for purchasing. In addition, the downstream pesticide market is up, boosting the price of yellow phosphorus. It is expected that the price of yellow phosphorus will rise steadily in the short term.
The domestic phosphate ore market maintained a temporary stable operation. On March 5, the reference price of phosphate rock was 423.33, which was the same as that on March 1. In March, with the arrival of spring ploughing season, the demand of phosphate fertilizer industry in the downstream of domestic phosphate ore will continue to increase, which will give support to the phosphate ore industry. Therefore, the phosphate ore Data Engineer of business society believes that the phosphate ore market will continue to operate at a high and stable level in the short term, and with the increase of downstream demand, the market price will continue to explore.
On the downstream side, the current market of ammonium phosphate is very good, and the price has risen to a new high in this year. With the rising price of raw materials, the domestic downstream demand is gradually increasing due to the approach of spring ploughing, and the foreign export demand is increasing. Under the favorable conditions, the price of ammonium phosphate is running at a high level. However, after the surge, the downstream companies were cautious and wait-and-see. Ammonium phosphate enterprises still stopped orders and reported too much. There was no sales pressure for the time being. They mainly issued orders in the early stage, and they were in strong price support mood. There is no obvious negative signal in the market, it is expected that ammonium phosphate will rise more likely, and the market will be strong in the short term.
According to the price monitoring of the business community, there are 3 kinds of commodities rising, 0 kinds of commodities falling and 2 kinds of commodities rising or falling to 0 in the price fluctuation list of phosphorus chemical industry in the 09th week of 2021 (3.1-3.5). The main commodities that rose were yellow phosphorus (2.03%), monoammonium phosphate (2.01%) and phosphoric acid (0.97%); both rose or fell by 1% this week.
3、 Future forecast
According to the phosphoric acid analysts of the chemical branch of business society, the price of raw material yellow phosphorus has not risen much recently, and the phosphoric acid market continues to rise cautiously, which is significantly higher than that before the Spring Festival. The low-end price gradually moves closer to the high-end price, and the downstream demand slightly improves. The wait-and-see attitude remains unchanged. It is expected that the phosphoric acid market will continue to follow the fluctuation of the cost side in the short term, with rising expectations.