1、 Price trend

According to commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus rose this week. The average price of yellow phosphorus was 17633.33 yuan / ton last Friday and 18866.67 yuan / ton this Friday. The price rose by 6.99% in the week.

2、 Market analysis

This week, the overall trend of domestic yellow phosphorus market is upward, mainly due to the serious power shortage in Yunnan, more yellow phosphorus parking, tight spot market, manufacturers mainly send early orders, and some manufacturers temporarily stop external quotation. So far, the mainstream quotation of Yunnan yellow phosphorus is about 18500 yuan / ton; In the afternoon, the mainstream price in Sichuan rose to about 20000 yuan / ton; The mainstream price in Guizhou is about 18600 yuan / ton.

In terms of raw materials, the market price of phosphate ore was mainly stable this week. As of May 21, the price of 28% low-grade phosphate rock in Guangxi was around 380-420 yuan / ton, which was basically the same as a week ago. The market atmosphere has improved, and the orders are mainly in the early stage of delivery. The price of phosphorus ore in Guizhou Qidu Tiancheng Mining Co., Ltd. is stable. The platform price of 22% low-grade phosphorus ore is 250 yuan / ton, which is the same as a week ago. The orders are mainly in the early stage of delivery.

In terms of coke, the coke market of Shandong Port and port is relatively strong today. At present, the mainstream spot ex warehouse price of quasi first-class metallurgical coke in port area is about 2670 yuan / ton, and the price of first-class coke is 2770 yuan / ton, which is 50 yuan / ton lower than that of the day before yesterday. The inventory of two ports has decreased. Dragged down by the lower futures market, the traders’ receiving intention was low, the overall shipping sentiment was high, the quotation was low, and the market trading was better than the previous few days. At present, the market price of Liupanshui coke (secondary metallurgical coke) is 2920 yuan / ton. Panzhihua coke market (secondary metallurgical coke) market price, the mainstream price of 3070 yuan / ton.

In terms of phosphoric acid, the sales of phosphoric acid in various markets were normal this week, and the phosphoric acid market was cautious and wait-and-see, with sporadic price increase and no obvious change for the time being. As of May 21, 85% of the ex factory price of industrial phosphoric acid in Sichuan anda agricultural and Forestry Technology Co., Ltd. was 5100 yuan / ton, which was temporarily stable compared with the previous day. After the festival, the phosphoric acid market was cautious and wait-and-see. The manufacturer had inventory, and the downstream transaction was good. The actual transaction was mainly through negotiation.

3、 Future forecast

Yellow phosphorus analysts from the chemical branch of business society believe that the price of yellow phosphorus will rise this week. Affected by the power rationing in Yunnan Province, manufacturers stop more and the shortage of spot goods intensifies. It is expected that the price of yellow phosphorus will still be adjusted upward in the short term.