1、 Price trend

According to the monitoring of bulk commodity data, this week the Yunnan Guizhou yellow phosphorus market was mainly wait-and-see, and the quotation was basically stable. The average price of yellow phosphorus is 37250 yuan/ton.

2、 Market analysis

This week, Yunnan Guizhou yellow phosphorus market was mainly wait-and-see, and the actual market transaction price declined. At present, the yellow phosphorus market is relatively light, and the enthusiasm of the downstream to get goods is not high. In addition, transportation in some regions is limited. Most yellow phosphorus enterprises offer firm prices, and now they mainly issue early orders. Most yellow phosphorus manufacturers do not offer external prices for the time being, but only discuss them. Up to now, the mainstream quotation of Yunnan yellow phosphorus is about 37000 yuan/ton; The mainstream quotation of Sichuan yellow phosphorus is about 37000 yuan/ton; The mainstream quotation of Guizhou yellow phosphorus is about 37000 yuan/ton. The manufacturer’s quotation is basically unchanged.

In terms of phosphate rock, the overall phosphate rock market was stable and consolidated this week. According to the data monitoring of the business community, as of October 20, the reference average price of 30% grade phosphorus ore in mainstream areas in China was around 1054 yuan/ton, which was basically the same as that on October 15. During the special period, the logistics was limited, some mining enterprises stopped production, and the information on the site was relatively quiet. Although the downstream phosphate fertilizer market continues to be weak and the demand side is generally supported, the overall offer of phosphate rock mining enterprises is mainly stable due to the tight supply.

In terms of coke, the market price of coke will be temporarily stable from October 14 to 21, 2022, and the price of quasi primary metallurgical coke in Shanxi will be 2600 yuan/ton as of October 21, 2022, unchanged. In the future market, the business community thinks that the environmental protection and production restriction are relatively strong in the near future, the coke enterprises have limited production, and the coke supply is generally tight. However, the overall profit of the downstream has declined in the near future, the steel price has declined, and the profits of the steel plant have been damaged. Therefore, the game mentality of coke and steel is strong in the near future, and the coke price is mainly stable in the short term.

For phosphoric acid, the market price of phosphoric acid decreased this week. On October 14, the average price of phosphoric acid was 10530 yuan/ton, and on October 21, the average price was 10390 yuan/ton. The price decreased by 1.33% within the week. The phosphoric acid market is average in various regions. The price of phosphoric acid is loose, and the downstream is worried that the price will continue to decline in the future. Therefore, the market is more wait-and-see, mainly just in need. It is expected that the phosphoric acid market may continue to decline in the short term.

3、 Future market forecast

The yellow phosphorus analyst of the Chemical Branch of the Business Cooperative believes that the current yellow phosphorus market is weak, and the actual transaction price of the market has declined. On the whole, the upstream phosphate rock price is temporarily stabilized, and the downstream phosphate market price is lowered. The yellow phosphorus market is not good, and the enthusiasm for taking goods is not high. It is expected that the yellow phosphorus market will be weak in the short term.