Price Trend
According to the monitoring data of business associations, as of September 11, the phosphate ore market has continued to operate steadily. The average price of 30% grade phosphate ore in China is near 416 yuan per ton, which is the same as that of September 1.
| poly gamma glutamic acid |
II. Market Analysis
Products: Recently, the phosphorus ore market has not fluctuated and operated smoothly. The overall market turnover is light. A small number of downstream purchases are made. Enterprises are mainly engaged in reducing production and guaranteeing prices. Some enterprises plan to stop production and marketing stocks at the end of the month in order to celebrate the 70th anniversary. At present, 30% of the phosphorus ore in Hubei is exported at a price of 460-490 yuan/ton. The ex-factory quotation of 30% phosphorus ore in Liushugou, Hubei Province remained stable, with a quotation of 470 yuan/ton, which was the same as that on September 1. About 330-430 yuan/ton for 30% phosphate ore in Guizhou, 300-320 yuan/ton for 28% phosphate ore in Guizhou, 140-170 yuan/ton for 22% phosphate ore in Guizhou, and 530 yuan/ton for 30% phosphate ore in Hebei.
| Polyglutamic acid |
Industry chain: Yellow phosphorus market quotation high, downstream wait-and-see, temporary market stalemate consolidation, on-site spot supply continues to be tight, the new unit price of enterprises is mainly high, the current Yunnan region reference pre-acceptance transaction price is 17500-17700 yuan/ton. Phosphoric acid market transaction focus has been rising, on-site delivery is relatively light, and some suppliers’quotations have been increased sporadically, which continues to be supported by cost.
3. Future Market Forecast
Business societies data analysts believe that in the coming late September, the overall phosphorus ore market is expected to continue to maintain a stable operation, not excluding the possibility that the subsequent decline in production will lead to a small rise in market prices.
| Poly glutamic acid |