According to the data monitoring of the business community, as of December 2, the reference average price of 30% grade phosphorus ore in China was around 1056 yuan/ton, which was basically the same as that on November 28. Compared with that on November 3 (the reference price of phosphorus ore was 1055 yuan/ton), the price increased by 1 yuan/ton, or 0.09%.

It can be seen from the data monitoring chart of the business community that the domestic phosphorus ore market was stable and in an integrated way this week (11.28-11.02). Within the week, the overall supply and demand of domestic phosphorus ore market did not change much. Near the end of the year, some mining enterprises in Guizhou basically completed their annual orders, and the current prices were basically implemented at the end of the year. At present, the supply of medium and high-end grade phosphate rock in the site continues to be tight, and the downstream demand side just needs to purchase. As of December 2, the market price of 30% grade phosphorus ore in China is around 1030-1080 yuan/ton, and the sporadic low-end price is below 1000 yuan/ton. There is also a gap between the specific price and the original ore specification, powder to lump ratio and other factors, and the details need to be negotiated.

In October 2022, the national output of phosphate rock (containing 30% of phosphorus pentoxide) will decline compared with the same period last year. In October 2022, the national output of phosphate rock was 7.606 million tons, down 10.4% year on year. From January to October 2022, the national output of phosphate rock was 85.706 million tons, with a year-on-year growth of 3.3%.

Forecast and analysis of phosphate rock future market trend

At present, the downstream phosphate fertilizer market is gradually warming up. After the phosphate fertilizer market continues to rise, the phosphate chemical industry chain also supports the phosphate ore market from the bottom to the top. The mentality of the phosphate ore industry has improved compared with that in the third quarter. In addition, some mining enterprises shut down in winter, and the tension on the supply side of the site is hard to change. The supply side will continue to support the market. Therefore, the phosphate ore data engineer of the business community believes that in the early Spring Festival, It is expected that the domestic phosphorus ore market will be stable, medium strong, and the specific trend needs to pay more attention to the changes in the information on the supply and demand side.