Price Trend

According to commodity data monitoring, yellow phosphorus prices fell in April. At the beginning of the month, the average price of yellow phosphorus was 15575 yuan/ton, and at the end of the month, it was 15075 yuan/ton. The price fell slightly within the month, with a range of 3.21%.

II. Market Analysis

Products: Yellow phosphorus prices fell slightly this month. In terms of electricity price, the price of yellow phosphorus in Yunnan began to rebound near the end of the month due to the impact of cost support. At present, yellow phosphorus is generally driven everywhere, and the supply of goods is on the tight side. The mainstream transaction price in Yunnan is about 15200-15400 yuan/ton. The mainstream transaction price in Sichuan is about 14900 yuan/ton. The main transaction price of yellow phosphorus in Guizhou is about 15 300 yuan/ton.

Industry chain: Most mines in the domestic phosphate ore market have resumed mining this month, with increased supply and high overall inventory. The mainstream quotation is 400-500 yuan/ton. Coke prices fell by 9.73% this month. The mainstream market price of Panzhihua coke (secondary metallurgical coke) is 2,080 yuan per ton. March is still a dry season. The electricity price of yellow phosphorus enterprises has been raised. Affected by the explosion accident in Yancheng, Jiangsu Province, safety inspection shows that the downstream enterprises of yellow phosphorus have insufficient start-up rate and light demand.

Third, the future market forecast business society chemical branch yellow phosphorus analysts believe that the overall demand for yellow phosphorus is good, the downstream market needs to increase, the situation of supply and demand tension is intensifying. The price of electricity will rise instead of falling, and the price of Coke will rise. Influenced by cost support, it is expected that there is still room for price increases in the short term.