The price of phosphoric acid continued to fall (8.1-8.8)

1、 Price trend

 

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According to the bulk data list of business agency, on August 1, the average ex factory price of domestic 85% phosphoric acid was 8550 yuan / ton, and on August 8, the average ex factory price of domestic 85% hot phosphoric acid was 8190 yuan / ton. This week, the price of domestic 85% Industrial grade phosphoric acid fell by 5.32%.

 

2、 Market analysis

 

Phosphoric acid prices continued to fall this week. This week, the price of raw yellow phosphorus continued to fall, and the cost support was weak. Phosphoric acid manufacturers have lowered their prices for shipment. Under the downward trend of the market, the downstream is mainly based on demand, and the dealers operate with caution. As of August 8, the factory price of 85% phosphoric acid in China was about 8190 yuan / ton. The ex factory quotation of 85% phosphoric acid in Sichuan is about 7300 yuan / T, the ex factory quotation of 85% phosphoric acid in Yunnan is about 7800 yuan / T, the market quotation of 85% phosphoric acid in Hubei is about 7400 yuan / T, and the market quotation of 85% phosphoric acid in Nanjing is about 8500 yuan / T.

 

The raw material is phosphorus ore. This week, the domestic phosphate ore market is running steadily, and the reference price of phosphate rock is 1100 yuan / ton. At present, the downstream demand for phosphate rock is stable, and the trading atmosphere in the site is normal. The operators are reluctant to sell. Large factories and mining enterprises are mainly for their own use, and the basic external sales are very small. The on-site circulation spot is insufficient, and the market continues to operate strongly. According to the phosphorus ore data analyst of the business association, in the short term, the domestic phosphorus ore market is mainly high-level consolidation operation, and the specific trend needs to pay more attention to the specific changes in the supply and demand side.

 

The raw material is yellow phosphorus. The market price of yellow phosphorus fell this week. At present, the trading of the yellow phosphorus market is still not improving. The market situation is light, the market sales is general, and the downstream enterprises purchase at low prices, which depresses the confidence of the yellow phosphorus market. Most of the yellow phosphorus manufacturers do not offer external prices for the time being, and only one is discussed. Up to now, the mainstream price of yellow phosphorus in Guizhou is about 26500 yuan / ton; The mainstream price of Sichuan yellow phosphorus is about 26000 yuan / ton.

 

3、 Future forecast

 

According to phosphoric acid analysts of business association, the price of yellow phosphorus, the raw material, has continued to fall recently, and the cost side support has weakened. The supply of phosphoric acid market is sufficient, and the terminal demand is limited. The decline of phosphoric acid continues. It is expected that the price of phosphoric acid will continue to fall in the short term.

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