I. price trend

The average price of phosphoric acid was 5333.33 yuan / ton on November 25 and 5333.33 yuan / ton on November 29, according to the bulk data list of business agency. The trend was stable in the week, up 23.55% compared with the same period last year

II. Market analysis

Product: phosphoric acid enterprises are supported by raw material end, but the price is firm, and some are slightly loose. However, the current situation of phosphoric acid market is general, wet process phosphoric acid is relatively good, the overall delivery is still tepid, and the price is mostly on the market, the downstream is mainly just in need of procurement, with a cautious wait-and-see mentality, and there is no sign of boosting the demand side. According to the monitoring of the business association, as of November 29, the average market price of 85% industrial purified water phosphoric acid was about 5333.33 yuan / ton, and the mainstream price was about 4700-5800 yuan / ton, with little fluctuation and overall stability.

Industry chain: the domestic phosphorus ore market continued to run in a downturn. At the beginning of the month, prices in some regions were slightly adjusted. Prices of some mining enterprises in Guizhou and other regions remained high. Prices of phosphorus mining enterprises in a small part of Kaiyang region were slightly lower due to the impact of demand, and prices remained stable in the past two weeks. This month, yellow phosphorus enterprises are limited in driving, the overall market of yellow phosphorus is light in trading, and the price shows a downward trend. It is expected that the price of yellow phosphorus will be mainly consolidated at a high level.

Industry: according to the price monitoring of the business agency, there are six commodities in the list of commodity prices rising and falling on November 28, 2019, among which the top three commodities are isopropanol (2.81%), hydrofluoric acid (2.78%) and acrylic acid (2.16%). There are 10 kinds of commodities decreased on a month on month basis, and the top three products were ammonium chloride (- 2.25%), mixed xylene (- 1.16%) and acetic acid (- 0.62%). The average price of this day is 0.04%.

III. future forecast

According to the phosphoric acid analyst of business and chemical branch, at present, the demand of phosphoric acid enterprises is mostly in a wait-and-see state, the purchasing is not high, and the price fluctuates with the positive support of the raw material end. It is expected that the price of phosphoric acid will mainly maintain stability in the short term.