According to data monitoring by Business Society, as of April 19, 2023, the reference average price of 30% grade phosphate ore in China is around 1106 yuan/ton; Compared to April 15, 2023, the price remained basically unchanged; Compared to April 1, 2023 (reference price of phosphate rock is 1118 yuan/ton), the price has been reduced by 12 yuan/ton, a decrease of 1.07%.
From the data monitoring chart of the Business Society, it can be seen that this week (4.15-4.19), the overall domestic phosphorus ore market remained stable and consolidated. In early April, due to the low start of downstream yellow phosphorus production, the weak operation of yellow phosphorus from bottom to top affected the atmosphere in the phosphate ore field, and the market situation of some areas of the domestic phosphate ore market adjusted downward. Entering this week, the domestic phosphorus ore market resumed its overall decline and then operated steadily. The supply of phosphorus ore in the market was still tight, supporting the market’s overall stability. As of April 19, the domestic 30% grade phosphorus ore market price was around 1050-1150 yuan/ton, and the 28% grade phosphorus ore price was around 960-990 yuan/ton. The reference price for 32% grade phosphate ore is around 1180-1220 yuan/ton. There are also differences between the specific price and factors such as the original ore specifications and powder to lump ratio, and the specific price needs to be negotiated through actual orders.
Prediction and Analysis of the Future Market Trend of Phosphate Rock
At present, the downstream phosphate fertilizer market for phosphate ore is still trading well. In addition, with the warming weather and the traditional peak season at the terminals, the phosphate ore industry has a good mentality. The phosphate ore data analyst from the Business Society believes that in the short term, the domestic phosphate ore market will mainly be stable and subject to small fluctuations, and the specific trend needs to pay more attention to changes in supply and demand news.
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