1、 Price trend

 

Thiourea

According to the data of the business association, the market price of thermal phosphoric acid rose this week. As of January 6, the average price of 85% thermal phosphoric acid in the domestic market was 9050 yuan/ton, which was 0.28% higher than the average price of 9025 yuan/ton on January 2.

 

According to the data of the business cooperative, the market price of wet process phosphoric acid rose this week. As of January 6, the average market price of 85% wet process phosphoric acid in China was 9083 yuan/ton, 1.30% higher than the average price of 8966 yuan/ton on January 2.

 

2、 Market analysis

 

Mainstream market:

 

As of January 6, the ex factory quotation of 85% thermal phosphoric acid in Sichuan was about 8700-9250 yuan/ton, that of 85% thermal phosphoric acid in Yunnan was about 9200 yuan/ton, and that of 85% thermal phosphoric acid in Hubei was about 9300 yuan/ton. The market quotation of 85% wet process phosphoric acid in Nanjing is about 9500 yuan/ton.

 

Cost side:

 

In terms of raw material yellow phosphorus, the market price of Yunnan Guizhou yellow phosphorus rose slightly this week. At present, the construction of Yunnan yellow phosphorus enterprises is declining, and the market supply is decreasing. The yellow phosphorus market is in a stalemate. After the price rebounded slightly, the downstream market was not enthusiastic about asking for goods and was cautious in taking goods. Yellow phosphorus enterprises are mainly issuing early orders. Up to now, the quotation of yellow phosphorus is about 32500-33500 yuan/ton.

 

In terms of raw phosphorus ore, the domestic phosphorus ore market continued to stabilize this week. 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.

 

Demand side:

 

The downstream demand of phosphoric acid is weak this week, some downstream enterprises have stopped work for holidays, and terminal procurement has decreased. The phosphoric acid market is in a stalemate, and the industry is mainly wait-and-see.

 

3、 Future market forecast

 

Phosphoric acid analysts from the business community believe that the price of raw material yellow phosphorus has been adjusted and operated at a high price recently, and the cost side has not changed much. The demand for phosphoric acid terminals is sluggish, and the number of new orders is relatively small. It is expected that the price of phosphoric acid will be adjusted and operated in a narrow range in the short term. It is suggested to pay attention to the trend of raw material market and the change of demand side.

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