Weak downstream demand, phosphate rock market clearly stable decline

According to the data monitoring of business agency, as of November 23, the reference average price of 30% grade phosphate ore in mainstream areas of China was around 390 yuan / ton, which was the same as a week ago; compared with November 1, the average price was increased by 4 yuan / ton, or 0.86%.


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Weak downstream demand, phosphate rock market slightly weak


In a flash, November is coming to an end. Recently, China’s domestic phosphate ore market as a whole is still stable. It is heard that the turnover of phosphate rock in Guizhou and Hubei is slightly loose, and the market is slightly weak. The main reason is that the demand of the downstream terminal is weak, the market is falling slightly, the new orders of phosphate rock are reduced, and the orders in the early stage are mainly processed. Therefore, in order to stimulate the shipment, some enterprises slightly reduced the actual transaction price. At present, as of November 23, Guizhou Province: 30% grade phosphate ore car plate quotation reference 300-360 yuan / ton, 28% grade phosphate ore car plate quotation reference 280-320 yuan / ton, of which Guizhou Xinxin group mainly supplies 28% of phosphate rock with quality above. At present, the phosphate mine is still in operation. The 30% phosphate rock car plate price of the enterprise is 330 yuan / ton, the transaction price is slightly lower, and the enterprises focus on delivering the preliminary orders. Guizhou Kaiyang Guanglong mining 30% grade phosphate rock freight plant quoted 320 yuan / ton, flat compared with the beginning of the month. The price of 28% ammonium phosphate ore ship plate in Hubei Province is 330-360 yuan / ton, and the actual transaction is slightly lower.


In terms of downstream and yellow phosphorus, the starting load of downstream enterprises is not high, the overall demand is weak, and the market transaction center is close to the low end. At present, the reference transaction price of Yunnan Net phosphorus factory acceptance is 15500-15800 yuan / ton. According to the data monitoring of the business agency, as of November 22, the factory reference price of yellow phosphorus was 16350 yuan / ton, which was 0.62% higher than that on November 1 (16250 yuan / ton). The phosphoric acid market remained stable for the time being, and the trading volume was relatively light.

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Downstream operating rate decline, demand weakened, short-term phosphate rock Market narrow adjustment


At present, the downstream operating rate of domestic phosphate ore is gradually declining, the market demand is constantly reducing, and the situation of downstream goods is not good, which is difficult to support the continuous high and stable phosphorus ore market. Therefore, the phosphorus ore data analyst of business society believes that the phosphorus ore market in the short term may be adjusted by a narrow range.


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