1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou increased. The average price of yellow phosphorus was 37666.677 yuan / ton last Friday and 38000 yuan / ton this Friday. The price increased by 0.88% during the week.

2、 Market analysis

The price of yellow phosphorus increased slightly this week. The manufacturer has strong willingness to support the price. The yellow phosphorus market continued at the beginning of the week, and the price rose slightly last week. Later, with the gradual weakening of the inquiry in the yellow phosphorus field, the wait-and-see mood in the downstream is obvious. Traders are more wait-and-see, downstream customers mainly purchase on demand, poor new order transactions, insufficient upward momentum and price stalemate. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is 36000-40000 yuan / ton; The mainstream quotation in Sichuan is 38000-40000 yuan / ton; The mainstream quotation in Guizhou is about 36000 yuan / ton.

In terms of raw materials, China’s domestic phosphate ore market has been operating at a stable high level this week, the market has maintained a tight supply situation, and the downstream demand is stable. Most of them are just needed procurement by contract users and old customers. At present, the quotation of 30% ammonium phosphate ore truck board in Hubei is close to 670-680 yuan / ton, and the quotation of 30% phosphate ore freight plant in Guizhou is close to 630-660 yuan / ton, The quotation of 28% phosphate rock freight plant is around 580-600 yuan / ton, the platform price of 22% grade phosphate rock is around 300-320 yuan / ton, the high and stable operation of phosphate rock Market in Guangxi is the main, the price of 28% grade phosphate rock freight plant is around 560-600 yuan / ton, and the price of 30% grade phosphate rock freight plant is around 630-670 yuan / ton.

In terms of coke, the coke market continued to decline this week. After two rounds of increase and decrease, the price decreased by 400 yuan / ton compared with last week, with a cumulative increase and decrease of 1000 yuan / ton. Affected by the lower price of raw coal in the upstream and the weakening demand of steel mills in the downstream, both supply and demand are weak, the mentality of coking enterprises becomes weak, and most enterprises lose money and sell at reduced prices. However, at present, the enterprise inventory is still high and there is a certain shipping pressure. After entering November, the coke market has dropped for five consecutive rounds within half a month, with a continuous decline at the rate of 200 yuan / ton per round. At present, it has been reduced by 1000 yuan / ton, and each round of increase and decrease has been implemented rapidly. At present, coking enterprises have been in a state of loss. Although the price has been falling all the way, the shipment situation is still not ideal, and the inventory pressure of enterprises is still high. From the current market atmosphere, it is not ruled out that there is the possibility of continued decline in the future. As of press time, the downstream steel plant has opened the sixth round of lifting and lowering again, and the coke enterprises have not responded yet.

In terms of phosphoric acid, the phosphoric acid market fluctuated little this week. The price rose slightly at the beginning of the week, and then stabilized. The offer of some enterprises still decreased. The market as a whole was relatively stable. Most of them adjusted the price in a narrow range with their own shipments. According to the monitoring of the business community, the current quotation in Sichuan is 9500-10500 yuan / ton, that in Yunnan is about 90000-10000 yuan / ton, that in Hebei is about 11000-12000 yuan / ton, that in Hubei is 10000-11500 yuan / ton, and that in Shandong is 10000-11500 yuan / ton. The price of phosphoric acid in various places is generally stable and fluctuates in a narrow range this week.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business agency believes that on the whole, the yellow phosphorus price rose slightly this week. Electricity prices have been raised everywhere, costs have increased, manufacturers have a strong willingness to support prices, and downstream high price purchase intention is not high. Most enterprises wait and see the market,. The price of yellow phosphorus is expected to be deadlocked in the short term.