1、 Price trend

 

Sodium Molybdate

According to the data of Business News Agency, as of March 10, the average ex-factory price of 85% thermal phosphoric acid in China was 8233 yuan/ton, which was 2.95% lower than the average ex-factory price of 8483 yuan/ton on March 6.

 

According to the data of the Business News Agency, as of March 10, the average market price of 85% wet-process phosphoric acid in China was 8200 yuan/ton, which was 0.20% higher than the average market price of 8183 yuan/ton on March 6.

 

2、 Market analysis

 

Mainstream market:

 

As of March 10, the ex-factory price of 85% thermal phosphoric acid in Sichuan is about 8200 yuan/ton, the ex-factory price of 85% thermal phosphoric acid in Yunnan is about 8200 yuan/ton, and the ex-factory price of 85% thermal phosphoric acid in Hubei is about 8000-8200 yuan/ton. The domestic market price of 85% wet-process phosphoric acid is about 7500-8900 yuan/ton.

 

Cost side:

 

In terms of raw yellow phosphorus, the market price of Yunnan-Guizhou yellow phosphorus was lowered this week. The manufacturer issued many early orders, and the overall market delivery and investment situation was general. Downstream procurement is prudent, and replenishment is mainly needed, and new orders are limited. As of March 10, the price quoted in Guizhou is about 29000-32000 yuan/ton.

 

Phosphorus ore as raw material. This week, the domestic phosphorus ore market overall ushered in a small rise. With the coming of the spring planting season, the demand for phosphate fertilizer downstream of the phosphate rock terminal will also gradually increase. The demand side will give more support to the phosphate rock. The supply in the phosphate rock field will continue to be tight. With the joint support of supply and demand, the overall focus of the domestic medium and high-end grade phosphate rock market will continue to close up.

 

Supply and demand side:

 

This week, the supply of phosphoric acid market was stable, the downstream demand was poor, and the market transactions were light. At present, phosphoric acid enterprises mainly supply orders from old customers, and terminal demand needs to be released.

 

3、 Aftermarket forecast

 

The phosphoric acid analyst of the Business Society believes that the market of raw material yellow phosphorus has been in a bad trend recently, and the phosphoric acid market is dominated by wait-and-see. At present, the market has light trading volume and few transactions. In the case of weak cost and demand, it is expected that the price of thermal phosphoric acid will be weak and stable in the short term.

http://www.lubonchem.com/