1、 Price trend
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According to the monitoring of bulk commodity data, the price of Yungui yellow phosphorus rose slightly this week. The average price of yellow phosphorus was 15600 yuan / ton on Monday and 15650 yuan / ton on Thursday. The price rose by 0.32% during the week.
2、 Market analysis
This week, the trend of yellow phosphorus market is relatively stable, and the price has risen steadily. Close to the National Day holiday, manufacturers mainly issued early orders, some manufacturers stopped quoting, yellow phosphorus spot transactions were less, spot prices slightly increased. Up to now, the mainstream price of yellow phosphorus in Yunnan Province is about 15500-15700 yuan / ton; that in Sichuan Province is about 15700 yuan / ton; that in Guizhou Province is about 15500-15700 yuan / ton.
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In terms of raw materials, China’s phosphate ore market as a whole continued to maintain a stable operation this week, with light on-site trading. The price quoted by many mining enterprises in Guizhou remains stable, the downstream purchasing market is general, and the shipment volume is general. At present, the quotation of 30% phosphate rock slab in Guizhou is around 280-330 yuan / T, and the actual price is mainly negotiated. Up to now, the market price of coke is temporarily stable. The mainstream price of Panzhihua coke (secondary metallurgical coke) is 2130 yuan / ton, which is 50 yuan / ton higher than the previous trading day and 100 yuan / ton higher than the same period last month. The demand of downstream steel mills is good, and coke inventory of some steel mills is low. Port area inventory decline, traders mainly wait-and-see, market participants generally optimistic about the future market.
In terms of demand, this week’s phosphoric acid market sales in general, near the National Day holiday, logistics or will be limited, individual enterprises slightly adjust the quotation, the market wait-and-see mood.. Phosphate market sales are OK, or the original old customers in the normal order, the overall demand for yellow phosphorus is general.
3、 Future forecast
The yellow phosphorus analysts of the chemical branch of the business society believe that the overall trend of the domestic yellow phosphorus market is general, and the spot price of the yellow phosphorus market is slightly tense and the transaction is limited. Manufacturers basically maintain the early orders, the downstream of the yellow phosphorus have some stock, take the goods more cautious, traders wait-and-see mood is obvious. The price of yellow phosphorus is expected to be stable in the short term.
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