1、 Price trend

According to the monitoring data of bulk commodities, the price of Yunnan Guizhou yellow phosphorus was slightly lower this week. The average price of yellow phosphorus was 16733.33 yuan / ton last Thursday and 16666.66 yuan / ton this Thursday. The price of yellow phosphorus was slightly reduced within the week, with a range of 0.4%.

2、 Market analysis

This week, the domestic yellow phosphorus market price is basically stable, slightly lower than last week. At present, there are few new orders in the market, and the enterprises mainly make orders in the early stage, and the delivery volume before the festival is also very small. Up to now, the mainstream price of yellow phosphorus in Yunnan is about 16300-16600 yuan / ton; the mainstream price in Sichuan is about 16900 yuan / ton; the mainstream price in Guizhou is about 16500 yuan / ton.

In terms of raw materials, the domestic phosphorus ore market as a whole is stable, and the downstream procurement is mainly cautious. The price of 28% low-grade phosphate rock in Guizhou Province is around 300-330 yuan / ton. Compared with a week ago, the price fluctuates little, the market atmosphere is general, and the orders are mainly in the early stage of delivery.

In terms of coke, the demand of downstream steel plants is better in the near future, the negotiation atmosphere at the port is warm, the overall supply of coke is tight, which supports the traders’ attitude of supporting the price, and the trade price is relatively strong. In the future, we will focus on the maintenance and production limit plan of downstream steel plants and the change of coke inventory in each link. The market price of Panzhihua coke (secondary metallurgical coke) is 3030 yuan / ton, which is 100 yuan / ton higher than that of the previous trading day and 500 yuan / ton higher than that of the same period last month. The market price of Liupanshui coke (secondary metallurgical coke) is 2670 yuan / ton, which is temporarily stable compared with the previous trading day and 370 yuan / ton higher than that of the same period last month.

This week, the phosphoric acid market continued to maintain a stable consolidation, with few new orders in the market. The downstream stock market entered the closing stage a year ago. There was no major change in the quotation of enterprises, and the phosphoric acid Market tended to be stable.

3、 Future forecast

Yellow phosphorus analysts from the chemical branch of business society believe that the price of yellow phosphorus will fall this week. At present, the tight spot market has been eased, and the business owners issue orders in the early stage, with a small amount of replenishment in the downstream. It is expected that the price of yellow phosphorus will be weak in the near future.