According to data monitoring by Business Society, as of December 1, 2023, the reference average price of 30% grade phosphate ore in China was around 1054 yuan/ton. Compared with November 27, 2023 (reference price of phosphate ore is 1024 yuan/ton), the price remained basically unchanged. Compared with November 1, 2023 (reference price of phosphate ore is 1024 yuan/ton), the price increased by 30 yuan/ton, an increase of 2.93%.

From the monitoring chart of Business Society data, it can be seen that this week (11.27-12.01), the overall domestic phosphate ore market showed a stable and consolidating trend. At present, the overall trading in the phosphate ore field is relatively quiet, and the performance of downstream yellow phosphorus and phosphoric acid markets is weak, providing moderate support for the phosphate ore market. The overall tight supply side of phosphate ore provides certain support for the phosphate ore market. Currently, the phosphate ore market is in a stage of supply and demand adjustment. As of December 1st, the domestic 30% grade phosphate ore market price is around 1000-1100 yuan/ton, and the high-end price is around 1150 yuan/ton. The specific price may vary depending on factors such as the original ore specifications and powder to block ratio, and the specific price needs to be negotiated based on actual orders.

Prediction of future market for phosphate ore

At present, the trading atmosphere inside the phosphate ore field is mild, and the transmission performance of the supply and demand side of phosphate ore is average. The phosphate ore data analyst from Business Society believes that in the short term, the domestic phosphate ore market has limited changes, and the market will continue to focus on stable operation. The specific trend still needs to pay more attention to the changes in consumption and interest on the supply and demand side.