Stable consolidation of phosphate ore market after the New Year

According to the data monitoring of the business community, as of January 4, 2023, the reference average price of 30% grade phosphorus ore in China is around 1056 yuan/ton, which is basically the same as that of December 1, 2023. Compared with June 15, 2022 (the reference price of phosphorus ore is 1043 yuan/ton), the price is increased by 13 yuan/ton, or 1.21%.

 

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It can be seen from the data monitoring chart of the business community that after the 2023 New Year, the domestic phosphorus ore market will continue to operate stably as a whole. As the Spring Festival approaches, some domestic mining enterprises stop mining. The downstream demand for phosphate rock is stable, the shipment rhythm is normal, and the supply side is still tight as a whole. The supply and demand information has not changed much. Some mining enterprises mainly pre receive orders after the Spring Festival, and the trading atmosphere in the phosphate rock yard is mild. As of January 4, 2023, the domestic market price of 30% grade phosphate rock is around 1030-1080 yuan/ton, and the price of 28% grade phosphate rock is around 950-980 yuan/ton. The reference price of 32% grade phosphate ore is around 1150-1250 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.

 

Forecast and analysis of phosphate rock future market trend

 

In 2023, the domestic phosphorus ore market has not changed much. The overall market trend continues the stable trend at the end of 2022, and the supply and demand in the market is calm. The phosphorus ore datagrapher of the business community believes that in the short term, the domestic phosphorus ore market will continue to consolidate and operate mainly in a stable manner, and more attention should be paid to the information changes on the supply and demand side.

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