Phosphoric acid market is mainly downward (6.24-6.30)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the bulk data list of business agency, the average ex factory price of 85 thermal phosphoric acid in China was 11190 yuan / ton on June 24, and 10770 yuan / ton on June 30. The price of 85 thermal phosphoric acid in China fell 3.75% this week.

 

According to the bulk data list of business agency, the average ex factory price of 85 wet process phosphoric acid in China was 10750 yuan / ton on June 24, and 10733 yuan / ton on June 30. The price of 85 wet process phosphoric acid in China fell by 0.16% this week.

 

2、 Market analysis

 

The price of raw material yellow phosphorus fell this week, and the cost support was insufficient. The trading of phosphoric acid on the floor is weak and the market is poor. The downstream purchases on demand, and the demand side waits for release. As of June 30, the price of 85 thermal phosphoric acid was about 10770 yuan / ton, and the price of 85 wet process phosphoric acid was about 10733 yuan / ton. The quotation of phosphoric acid in Sichuan is about 10300-10650 yuan / ton, that in Hubei is 10250-10400 yuan / ton, that in Yunnan is about 10300 yuan / ton, and that in Jiangsu is about 11000 yuan / ton.

 

povidone Iodine

The price of raw phosphate rock rose this week. The domestic market reference price of 30% grade phosphorus ore is around 1066 yuan / ton, and the market reference price of 28% grade phosphorus ore is around 950 yuan / ton. Large mining enterprises in some parts of China have suspended foreign supply, focusing on their own use. The spot circulation in the phosphorus ore market is insufficient. Under the two-way support of supply and demand, the focus of the phosphorus ore market is constantly moving upward.

 

The market price of raw material yellow phosphorus fell this week. At present, the quotation of yellow phosphorus market is chaotic and the transaction situation is poor. Downstream and traders, mainly wait-and-see, purchase cautiously, and buy more at lower prices. The mainstream quotation of Yunnan yellow phosphorus is about 36000 yuan / ton, Guizhou yellow phosphorus is about 37000 yuan / ton, and Sichuan yellow phosphorus is about 39000 yuan / ton.

 

3、 Aftermarket forecast

 

According to the phosphoric acid analysts of the business society, the cost pressure has weakened due to the reduction in the price of yellow phosphorus, the raw material. Floor trading decreased, terminal demand was not followed up, and the phosphoric acid market continued to decline. It is expected that the market price of phosphoric acid will continue to decline in the short term.

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