1、 Price trend

According to the bulk data list of business agency, the average ex factory price of 85 thermal phosphoric acid in China was 11390 yuan / ton on June 1, and 10770 yuan / ton on June 30. The price of domestic thermal phosphoric acid fell by 5.44% this month.

According to the bulk data list of business agency, the average factory price of 85 wet process phosphoric acid in China was 11200 yuan / ton on June 1, and 10733 yuan / ton on June 30. The price of wet process phosphoric acid in China fell 4.17% this month.

2、 Market analysis

The phosphoric acid market fell in June, with 85 industrial grade phosphoric acid falling by 5.44% in the month, and the market focus fell. In the first ten days of June, the phosphoric acid market was temporarily stable, and from the middle of June, the phosphoric acid market began to decline to the end of the month. Due to the high price decline of yellow phosphorus as raw material this month, the cost support is weakened, and the downstream demand is generally followed up, the price of phosphoric acid is lowered. The confidence in the venue is insufficient, and the industry is cautious to wait and see. As of June 30, the price of 85 thermal phosphoric acid was about 10770 yuan / ton, and the price of 85 wet process phosphoric acid was about 10733 yuan / ton. The quotation of phosphoric acid in Sichuan is about 10300-10650 yuan / ton, that in Hubei is 10250-10400 yuan / ton, that in Yunnan is about 10300 yuan / ton, and that in Jiangsu is about 11000 yuan / ton.

The price of raw phosphate rock rose this month. The market price of 30% phosphorus ore in Guizhou is around 1066 yuan / ton, and the market price of 28% phosphorus ore is around 920-970 yuan / ton. At present, a mining enterprise in Guizhou has resumed construction, with only a small amount of goods for external sales. Some mining enterprises in Guangxi mainly receive orders in advance, and the orders are scheduled to the middle of July. Recently, phosphorus ore of Hebei mining enterprises is mainly supplied to shareholders and customers, and there is no external supply source for the time being.

Raw material yellow phosphorus market, yellow phosphorus market price fell this month. After the Dragon Boat Festival, the market price of yellow phosphorus is relatively stable, mainly at a high price, and the shipment situation is acceptable. In the second week of June, there was a short-term decline in the lower price competition of yellow phosphorus. Considering the cost pressure, the manufacturer’s quotation rebounded again. In the third and fourth weeks of June, downstream and traders were more cautious about the supply of high price goods. They stayed on the sidelines, mainly purchasing at low prices, and the price of yellow phosphorus fell again. Up to now, the mainstream quotation of Yunnan yellow phosphorus is about 36000 yuan / ton; The mainstream quotation of Guizhou yellow phosphorus is about 37000 yuan / ton; The mainstream quotation of Sichuan yellow phosphorus is about 39000 yuan / ton.

3、 Aftermarket forecast

According to the phosphoric acid analysts of business agency, the price of phosphoric acid market fell with the support of cost in June, and the raw material yellow phosphorus market was poor, and the support was weakened. The downstream is resistant to high priced phosphoric acid, and operates cautiously under the downward trend, mainly with a small amount of replenishment. In the absence of positive market conditions, it is expected that the phosphoric acid market will continue to decline in the short term, and the price will continue to decline.