According to the data monitoring of the business community, as of October 13, the reference average price of 30% grade phosphate rock in mainstream areas in China was around 1054 yuan/ton. Compared with October 1 (the reference price of phosphate rock was 1064 yuan/ton), the price decreased by 10 yuan/ton, a drop of 0.91%, and compared with August 1 (the reference price of phosphate rock was 1100 yuan/ton), the price decreased by 46 yuan/ton, a drop of 4.16%.

It can be seen from the data monitoring chart of the business community that the domestic phosphorus ore market is generally weak after returning from the National Day holiday. The demand of the downstream phosphate fertilizer market is generally supported. The overall cold operation of the phosphate fertilizer market has relatively affected the mentality of the phosphate rock industry. However, supported by tight supply, most mining enterprises in the field still maintain a high offer. Among them, the market price of medium and high-end grade phosphorus ore in Guizhou was stable after the festival, and some mining enterprises in Yunnan and Sichuan reduced the market price of medium and high-end grade phosphorus ore by 10-20 yuan/ton. As of October 13, the market price of 30% grade phosphorus ore in China is around 1030-1080 yuan/ton. The market price of 28% grade phosphate ore is around 980 yuan/ton, and the market price of 32% grade phosphate ore is around 1160-1260 yuan/ton. There is also a gap between the price and the original ore specification, powder to lump ratio and other factors, and the details need to be negotiated.

In terms of downstream yellow phosphorus, after the National Day holiday, the domestic yellow phosphorus market rose as a whole. According to the data monitoring of the business community, the reference price of yellow phosphorus was 37500 yuan/ton on October 12, up 3.09% compared with October 1 (36375 yuan/ton).

Forecast and analysis of phosphate rock future market trend

At present, the downstream phosphate fertilizer market is relatively light as a whole, giving ordinary support to the phosphate ore market. The support to maintain the stability of the phosphate ore market is mainly from the continuous tension on the supply side. The phosphate ore data engineer of the business community believes that in the short term, the domestic phosphate ore market is mainly weak and consolidation operation, and the specific trend needs to pay more attention to the information changes on the supply and demand side.