1、 Price trend

According to commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus rose. The average price of yellow phosphorus was 23333.33 yuan / ton last Friday and 2866.67 yuan / ton this Friday. The price rose by 22.86% during the week.

2、 Market analysis

In July, affected by power rationing in Yunnan, the price of yellow phosphorus increased. The price of yellow phosphorus continued to rise this week. The manufacturers mainly issued early orders, and some manufacturers temporarily stopped making external quotations. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 27000-28000 yuan / ton; The mainstream quotation in Sichuan is about 28000-30000 yuan / ton; The mainstream quotation in Guizhou is about 28000 yuan / ton. Due to the rapid rise of prices, the wait-and-see mood in the field is obvious, and the acceptance of high price yellow phosphorus in the downstream is limited. At present, the market is relatively deadlocked.

In terms of raw materials, at present, the overall phosphorus ore market is in high-level consolidation and operation. As of July 22, the vehicle price of 28% low-grade phosphorus ore in Guangxi is around 400-470 yuan / ton. The market atmosphere is good, and most orders are mainly in the early stage of delivery.

In terms of coke, the coke market as a whole is weak. The coke market price of Shandong and Hong Kong decreased slightly today. At present, the mainstream spot exchange delivery price of quasi primary metallurgical coke in the port area is about 2670 yuan / ton, and the price of primary coke is 2770 yuan / ton, down 30 yuan / ton compared with the price the day before yesterday. The inventory of the two ports remained low, the mentality of port traders improved slightly, and some small transactions were made, However, the intention of traders to gather in Hong Kong is still low. As of July 23, the market price of Panzhihua coke (secondary metallurgical coke) was 2830 yuan / ton.

This week, the phosphoric acid and phosphate markets were mainly cautious and wait-and-see. The commencement of the phosphoric acid market declined, and the market price of phosphoric acid also increased significantly compared with last week. The actual transaction was mainly through negotiation, and enterprises supplied a small amount of orders from old customers. The acceptability of glyphosate to high priced yellow phosphorus is acceptable. On the whole, the downstream is more resistant to high price yellow phosphorus, mainly on the sidelines.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of business society believes that the price of yellow phosphorus has risen sharply at present. Power rationing in Yunnan and reduction of yellow phosphorus production. The downstream is more resistant to the high price of yellow phosphorus, mainly on the sidelines, and the market is deadlocked. It is expected that in the short term, the yellow phosphorus price will mainly run at a high level.