According to the data monitoring of the business community, as of November 24, the reference average price of 30% grade phosphate rock in China was around 1056 yuan/ton. On November 1 (the reference price of phosphate rock was 1054 yuan/ton), the price increased by 2 yuan/ton, or 0.16%.

It can be seen from the data monitoring chart of the business community that since November (11.1-11.24), the domestic phosphorus ore market has been operating steadily as a whole, the supply of medium and high-end grade phosphorus ores in the site has been tight, the mining enterprises in some regions have stopped working, the large mining enterprises are still mainly for their own use, the export ores are few, the spot circulation of phosphorus ores in the site is small, and the supply side continues to provide market support.

In the middle of November, sporadic mining enterprises in Sichuan Province raised the price of phosphate rock slightly by about 10-20 yuan/ton, and most phosphate rock markets in other regions continued to operate stably. As of November 24, the market price of 30% grade phosphorus ore in China is around 1030-1080 yuan/ton,. There is also a gap between the price and the original ore specification, powder to lump ratio and other factors, and the details need to be negotiated.

Forecast and analysis of phosphate rock future market trend

At present, the phosphate fertilizer market at the downstream terminal of phosphate rock has warmed up compared with the previous period, which will provide a certain psychological support for phosphate rock from the bottom to the bottom. In addition, the supply side will continue to support. The phosphate rock datagrapher of the business community believes that in the short term, the domestic phosphate rock market will mainly continue to operate at a high level.