1、 Price trend
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According to the monitoring of bulk commodity data, the price of Yunnan Guizhou yellow phosphorus market fell slightly this week. The average price of yellow phosphorus last Thursday was 31333.33 yuan/ton, and the average price this Thursday was 31125 yuan/ton. The price fell within the week by 0.66%.
2、 Market analysis
The price of Yunnan Guizhou yellow phosphorus market dropped slightly this week. At present, the market is in a stalemate, yellow phosphorus prices are rising, and the market transaction prices are beginning to decline. Downstream market is sluggish, purchasing enthusiasm is not high, and goods are taken cautiously. The transportation of yellow phosphorus in some regions of Yunnan is not very smooth, and many manufacturers do not make external quotations. Up to now, the quotation of yellow phosphorus is about 30000-32500 yuan/ton.
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 November 24, the reference average price of 30% grade phosphorus ore in mainstream areas in China was around 1056 yuan/ton. Some domestic mining enterprises and mines have stopped production, and it is difficult to improve the tense situation of domestic phosphorus ore supply in the short term. The phosphorus ore data engineer of the business community believes that the overall domestic phosphorus ore market is expected to operate mainly in a stable and small way in the short term, and the specific trend needs to pay more attention to the information changes on the supply and demand side.
In terms of coke, the price of coke market was temporarily stable this week. According to the data monitoring of the business community, as of November 24, the price of quasi primary metallurgical coke in Shanxi was 2300 yuan/ton. In general, coke steel has a heavy game mentality, coke enterprises have a good mentality, and the market sentiment has warmed up to a certain extent. It is expected that the coke price will temporarily operate stably in the short term, and the future market will focus on the sales of finished products and the price trend of raw coke coal.
In terms of phosphoric acid, the price of phosphoric acid market rose in a volatile manner this week. On November 17, the average price of phosphoric acid was 8416.67 yuan/ton, and on November 24, the average price was 8487.50 yuan/ton. The price was raised within the week by 0.84%. At present, the phosphoric acid market fluctuates slightly. Downstream procurement was cautious, and the market trading performance was average. It is expected that in the short term, the phosphoric acid market will be more wait-and-see, with major stability and small dynamic operation.
3、 Future market forecast
Yellow phosphorus analysts from the Chemical Branch of the Business Cooperative believe that the current rise in yellow phosphorus prices has cooled, and the market transaction price has begun to decline. On the whole, the upstream phosphate rock price is temporarily stable, and the coke market price is temporarily stable. Downstream customers are cautious in receiving orders, and purchase at a lower price. The overall demand is not good, and the turnover of new orders is limited. It is expected that the yellow phosphorus market will be dominated by weak and stable operation in the short term.
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