1 Price Trend
According to the sample data monitored by business associations, the domestic market price on July 10 was about 4500 yuan/ton, up 0.74% compared with last Wednesday (July 3). The domestic mainstream price of phosphoric acid was 4200-4900 yuan/ton.
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II. Market Analysis
Products: Phosphoric acid market is rising. At present, phosphoric acid enterprises have started construction steadily, the spot supply is tight, the stock of raw materials is urgent, the supply is difficult to find, and the holder offers high. The price of raw material yellow phosphorus is closely related to the rise and fall of phosphoric acid. Under the influence of some factors such as partial shutdown of Yunnan-Guizhou-Sichuan yellow phosphorus enterprises, sudden drop of output and policy, the price of on-site yellow phosphorus enterprises soared, which led to the rise of phosphoric acid prices, and some enterprises suspended quotations and orders. Today, the average market price of 85% industrial purified water phosphoric acid is around 4500 yuan/ton, 85% industrial phosphoric acid of Mingli Group of Guangxi is 4750 yuan/ton, 4 900 yuan/ton of Xingfa Group of Hubei, 4 400 yuan/ton of Kanglong of Shifang of Sichuan, and 4 500 yuan/ton of Hongda of Hangxing, with little regional difference.
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The price of phosphorus ore in the upstream of the industrial chain is stable, and the raw material yellow phosphorus market is rising at a high level. It is unlikely that the price will be lowered in the short term. The downstream phosphate Market has a wide supply. At present, monoammonium phosphate is mainly used as raw materials for compound fertilizers. It has been actively traded and has increased its enthusiasm for upstream phosphate procurement. The domestic demand for diammonium is light, the international market performance is relatively stable, and the goods are basically on demand.
3. Future Market Forecast
Phosphoric acid analysts believe that the current price of yellow phosphorus soared, phosphoric acid follow the trend of volatility is obvious, the supply of goods in the late market may be tight, and prices are expected to continue to rise substantially.
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