1、 Price trend

According to the bulk data list of business agency, the average price of domestic phosphoric acid on March 9 was 5366.67 yuan / ton, and on March 15 was 5300 yuan / ton, which was slightly reduced by 0.31% this week. On March 15, the phosphoric acid commodity index was 116.94, which was flat with yesterday, down 9.32% from the highest point 128.96 (2019-07-25), and up 28.29% from the lowest point 91.15 on October 13, 2016. (Note: cycle refers to 2011-09-01 to now) / P >

2、 Market analysis

Product: the price of yellow phosphorus at the raw material end is down this week, and the phosphoric acid market goes with the market. The price fluctuates slightly and tends to be stable as a whole. At present, phosphoric acid enterprises have been started one after another, and the market is gradually revived. Some areas are affected by traffic, which makes it difficult to ship and the delivery and investment are not smooth. According to the monitoring of the business association, as of March 15, the average market price of 85% industrial purified water phosphoric acid was about 5300 yuan / ton, that of Sichuan was about 4700-5300 yuan / ton, that of Guangxi was about 5400 yuan / ton, that of Hubei was about 5500 yuan / ton, and that of each region was mostly about 4700-5700 / ton. The market was stable as a whole, and that of some regions was reduced by about 50 yuan with the raw material end.

Industry chain: at present, the domestic phosphate rock enterprises in Guizhou area are resuming production one after another, the number of resuming enterprises is increasing gradually, and the on-site supply is becoming more and more stable. In terms of price, although the mining enterprises have been out of production for a long time, they have a large amount of inventory in the early stage, which is mainly digested by the market after the festival. Affected by the increase in the market price of terminal phosphate fertilizer, the market price of phosphate ore rose slightly at the beginning of this month, and the market price of this week has been running steadily. This week, the price of yellow phosphorus market fell, the number of enterprises driving increased a little, and the downstream had a strong resistance to high price goods, so the focus of market transactions gradually shifted down. At present, the main quotation of yellow phosphorus in Yunnan is about 17300 yuan / ton. The mainstream price in Sichuan is about 17800 yuan / ton. The main quotation of yellow phosphorus in Guizhou is about 17300 yuan / ton. The overall market is light, and traders mainly wait and see. The phosphate Market is not well traded and the demand is average.

Industry: according to the price monitoring of the business agency, in the 10th week of 2020 (3.9-3.13), there are 11 kinds of commodities in the list of commodity prices rising and falling, among which there are 3 kinds of commodities with an increase of more than 5%, accounting for 3.4% of the number of commodities monitored in the chemical sector; the top 3 commodities are ammonium chloride (17.14%), liquid ammonia (11.43%) and sulfur (7.18%). There are 40 kinds of commodities falling on a month on month basis, 14 kinds of commodities falling by more than 5%, accounting for 16.1% of the number of commodities monitored in this sector; the top three products falling are PX (- 11.29%), ox (- 10.71%), acetone (- 10.26%). This week’s average was – 1.5%.

3、 Future forecast

According to the phosphoric acid analyst of business and chemical branch, the market is stable as a whole. Due to the decline of raw material end and slight fluctuation of some phosphoric acid enterprises, the phosphoric acid market is expected to maintain stable operation in the short term,