Poor demand, yellow phosphorus market price down this week (3.11-3.18)

1、 Price trend

 

According to the monitoring data of bulk commodities, the price of Yunnan Guizhou yellow phosphorus decreased this week. The average price of yellow phosphorus was 17633.33 yuan / ton last Thursday and 17333 yuan / ton this Thursday. 33 yuan / ton, and the price will be reduced by 1.7% within the week.

 

2、 Market analysis

 

This week, the overall trend of domestic yellow phosphorus market is weak, the market demand is poor, and the transaction of new orders on the floor is limited. Traders are obviously in wait-and-see mood, and downstream purchasing is more cautious. Up to now, the mainstream price of yellow phosphorus in Yunnan is about 17400 yuan / ton; the mainstream price in Sichuan is about 17500 yuan / ton; the mainstream price in Guizhou is about 17100 yuan / ton. The overall market trading atmosphere is general, traders take goods cautiously, wait-and-see sentiment is obvious, and the market price is slightly down.

 

In terms of raw materials, up to now, the market quotation of 30% phosphate ore in Guizhou is 370-390 yuan / ton; the truck plate price of 28% low-grade phosphate ore in Guangxi is 300-340 yuan / ton; the ex factory quotation of 30% grade phosphate ore in Hebei Fanshan group is 570 yuan / ton; the ship plate price of 30% ammonium phosphate ore in Hubei is 400 yuan / ton. The market atmosphere has improved, the price has increased, and the orders are mainly in the early stage of delivery.

 

In terms of coke, so far, the coke market is weak, and the price of quasi first grade coke in Shanxi is about 2150-2250 yuan / ton. Today, the market price of coke in Shandong and Hong Kong continued to decline, and the market atmosphere was weak. At present, the mainstream spot ex warehouse price of quasi first grade metallurgical coke is about 2350 yuan / ton, and the price of first grade coke is 2450 yuan / ton, down 50 yuan / ton compared with the previous trading day. The market price of Liupanshui coke (secondary metallurgical coke) is 2520 yuan / ton, which is temporarily stable compared with the previous trading day, and 350 yuan / ton lower than that of the same period last month.

 

This week, the phosphoric acid market was cautious, the transaction atmosphere was general, and the actual transaction was mainly based on negotiation. Phosphate market sales are normal and prices are stable.

 

3、 Future forecast

 

Yellow phosphorus analysts from chemical branch of business society believe that the price trend of yellow phosphorus is weak this week. The overall market trading atmosphere is light, traders are cautious in taking goods, the wait-and-see mood is obvious, the downstream on-demand purchasing is more cautious, and the market price is slightly reduced. It is expected that the price of yellow phosphorus will be stable in the short term.

Polyglutamic acid

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