The market price of phosphoric acid rises due to the force of cost

1、 Price trend

Gamma Polyglutamic Acid

According to the bulk data list of business society, the average price of domestic phosphoric acid on August 25 was 7083.33 yuan / ton, up 3.91% from the beginning of the week, 3.91% from the beginning of the month and 47.06% from the same period last year.

2、 Market analysis

Since August, the phosphoric acid market has been relatively calm. Some enterprises have adjusted their quotations in a narrow range and actively shipped. At the beginning of this week, the trading and investment of raw yellow phosphorus has improved, and the price has risen to 28000 yuan / ton. The phosphoric acid market has actively followed up again. Most enterprises have adjusted their prices by about 200-500 yuan / ton, with a year-on-year increase of more than 47%. At present, the price of phosphoric acid is up to 8000 yuan / ton, and the focus has shifted significantly upward, Downstream procurement is still cautious, and the demand is stronger than that in the early stage, but the transaction of new orders is still poor. Recent cost support, thermal phosphoric acid and wet process phosphoric acid show an upward trend as a whole, which is easy to rise but difficult to fall. According to the monitoring of the business community, the quotation in Jiangsu is 5900-7500 yuan / ton, that in Hebei is 7600-8400 yuan / ton, that in Hubei is about 8000-8100 yuan / ton, that in Shandong is about 7500-7600 yuan / ton, and that in Yunnan is about 7700 yuan / ton. The price of phosphoric acid in various places has increased steadily.

Phosphate rock, recently, the domestic phosphate rock market as a whole continued to operate at a high level and stably. At present, the overall supply of phosphorus ore market is tight, and the site continues to supply orders from old customers. The downstream goods of phosphorus ore terminal are well prepared, the market trading atmosphere is acceptable, and most mining enterprises maintain high and firm quotations.

On August 25, the reference price of yellow phosphorus was 26000.00, a decrease of 6.02% compared with August 1 (27666.67). The trading atmosphere on the site was good and the supply of goods was tight. The price of phosphate rock in the upstream increased and the price of phosphoric acid in the downstream increased. On the whole, the market confidence is good and the upstream and downstream support is strong. It is expected that the market price of yellow phosphorus is expected to rise in the short term.

At present, although the transaction in ammonium phosphate Market is flat, the cost is supported by the rise of raw material price. At present, there are still orders to be issued, the supply is insufficient, and the price of ammonium phosphate has always been high and strong. It is expected that the ammonium phosphate market will continue to operate at a high level and stably in the short term.

3、 Future forecast

Phosphoric acid analysts of the chemical branch of business agency believe that at present, the raw material price rises again. Under the support of cost, the phosphoric acid market generally rises, and the focus moves up rapidly. It is expected that the phosphoric acid market may continue to rise in the short term, and we need to pay attention to the fluctuation of raw material price.

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