According to the data monitored by the business society, the PP market trend was positive in early March, and the spot prices of various brands increased to a certain extent last week. As of March 7, the mainstream offer price of T30S (wire drawing) from domestic manufacturers and traders was about 9180 yuan / ton, up or down by + 7.87% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: in terms of upstream propylene, the price of propylene in Shandong market increased significantly twice last week, and the average price exceeded 9000 yuan / ton. The downstream demand is general. Under the expectation of price rise, the purchase intention of the downstream is enhanced, but at the same time, some demand users are in wait-and-see mood. It is estimated that the propylene short-term market may be dominated by strong operation under the support of cost.

The prices of raw propylene and upstream crude oil rose sharply. Due to the further deterioration of the situation in Russia and Ukraine, the Western camp’s sanctions against Russia have been upgraded, the market’s expectation of future energy supply interruption has been further strengthened, and the petrochemical industry chain has continued to rise strongly. Although the dynamic coal is weak, the cost side of PP is generally stronger. In terms of supply, the current PP supply continues the pattern of last month, and the spot supply in the market is abundant. The operating rate of the industry is at a high level, and enterprises gradually reduce the load due to high inventory and reduced profits. In terms of social demand, there is also limited inventory improvement in the midstream. Although the resumption of work of downstream enterprises has improved after the Lantern Festival, the demand on the site is still weak. Generally, there are few large order preparation operations, the buyer’s mentality is empty, and the purchase tends to just need to maintain production.

In terms of fiber materials, according to the data monitored by the business society, as of March 7, the spot price of domestic fiber PP was similar to that of wire drawing materials. The mainstream offer price of Z30S (fiber) from domestic manufacturers and traders was about 9166.67 yuan / ton, up or down by + 8.27% compared with the average price at the beginning of the month, with a year-on-year decrease of – 2.31. Last week, the start-up of the main downstream non-woven enterprises of PP fiber materials increased slowly, and the overall load was about 50%. In terms of demand, the feedback is slow and the growth is slow, and the terminal enterprises take goods in favor of just need to maintain production. In the early stage, the stock has accumulated continuously. At present, the proportion of fiber material production in polypropylene is under pressure, and the price of fiber material may continue to rise under the pressure of cost side.

In terms of meltblown materials, the meltblown PP market rose last week. As of March 7, the average quotation of domestic meltblown material sample enterprises monitored by business society was about 10016.67 yuan / ton, with an increase or decrease of + 3.44% compared with the average price level at the beginning of the month. At present, health events in various countries are still not optimistic. Local diagnosis occurs sporadically in some parts of China, which does not significantly promote the spot market of melt blown cloth. The supply of meltblown materials in the site is sufficient, and the saturation pattern of domestic meltblown materials and cloth enterprises remains unchanged. At present, the cost side is favorable to the spot price. It is expected that the melt blown material may run stronger in the short term, but the melt blown PP may cause the decline of enterprise profits under the cost pressure.

Future forecast

PP analysts of business society believe that the domestic polypropylene market increased greatly in early March, the cost side dynamic coal leveled, propylene and crude oil rose sharply, the tension in Eastern Europe increased, the market worried about the instability of the supply chain, and the cost side strongly supported the spot price of PP. The operating rate of terminal enterprises is general, and the improvement of demand is limited. In the early stage, the stock accumulation of PP enterprises and merchants has eased slightly. It is expected that the PP market may continue to rise under supply pressure in the short term.

1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 fell violently in February, and the spot prices of various brands decreased as a whole. As of February 25, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 15800 yuan / ton, with an increase or decrease of – 1.66% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: in the upstream, the price of caprolactam and its raw material pure benzene was raised last week due to the rise of crude oil price and the strengthening of cost support. In the short term, the raw material market continues the upward trend, and caprolactam is rising steadily. It is recommended to pay attention to cost side changes.

The price of caprolactam in the upstream rose, and the cost side support of PA6 strengthened. The operating rate of domestic PA6 polymerization plant is relatively stable at 70%. This week, the supply side continued the previous abundant pattern, and the demand of downstream enterprises was flat. In addition to contract production and delivery, there were few large-scale goods preparation on site. There was a lack of trading during the week, and the improvement of market momentum was limited. Due to the further deterioration of the situation in Russia and Ukraine, the Western camp’s sanctions against Russia have been upgraded, the market’s expectation of future energy supply interruption has been further strengthened, the petrochemical industry chain continues to rise strongly, and the main benefit of PA6 is still the cost side.

3、 Future forecast:

Business analysts believe that: last week, the spot price of PA6 fluctuated and rose, the trend of caprolactam rose, and the cost support of PA6 strengthened. The expansion of terminal demand is less than expected, the buyer’s mentality is not strong, and there is resistance to the supply of high price goods. It is expected that the PA6 market may remain strong and volatile in the short term.

1、 Price trend

As can be seen from the above figure, the domestic market price of imported potassium chloride increased slightly this week, and the quotation increased from 4516.67 yuan / ton last weekend to 4833.33 yuan / ton this weekend, an increase of 7.01%. The ex factory price of domestic potassium chloride was temporarily stable this week. This week, the factory quotation of domestic salt lake potassium chloride was 3490.00 yuan / ton, up 61.95% year-on-year compared with the same period last year. The market price is about 4100-4400 yuan / ton. On March 3, the commodity index of potassium chloride (import) was 123.25, unchanged from yesterday, hitting a record high in the cycle, up 27.44% from the lowest point of 96.71 on September 16, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers increased slightly this week: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend was 3490 yuan / ton, which was temporarily stable compared with that at the beginning of the week. Youdeshi offered 4800 yuan / ton for potassium chloride distribution this weekend, up 300 yuan / ton compared with last weekend. Zibo Dehe offered 5000 yuan / ton of potassium chloride this weekend, an increase of 350 yuan / ton compared with last weekend. Anhui Badou offered 4700 yuan / ton of potassium chloride this weekend, up 300 yuan / ton compared with last weekend. The price of 62% white potassium in the port is about 4600 yuan / ton. The price of 60% Dahong granules in the port has been increased by 4800-4900 yuan / ton. Border trade 62% Russian White potassium is about 4500 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate rose slightly this week. The quotation increased from 8433.33 yuan / ton at the beginning of the week to 8500.00 yuan / ton at the end of the week, an increase of 0.79%, an increase of 28.30% year-on-year compared with the same period last year. The ex factory price of potassium nitrate increased slightly this week. The quotation increased from 6300.00 yuan / ton at the beginning of the week to 6366.67 yuan / ton at the end of the week, an increase of 1.06%, up 52.50% year-on-year compared with the same period last year. Overall, the downstream market of potassium chloride rose slightly, and the downstream demand for potassium chloride was good.

3、 Future forecast

The overall trend of potassium chloride Market in the middle and late March may rise slightly. The price of potassium chloride in Salt Lake and zangge is temporarily stable, but the market supply is still limited and the supply is tight. With the advent of spring ploughing, agricultural demand has increased, and traders are actively taking goods. In terms of industry, the downstream market of potassium chloride increased slightly, the downstream demand is good, and the just need to purchase is the main. The international price of potash fertilizer is adjusted at a high level, and the domestic potash fertilizer is still likely to rise. Potassium chloride analysts of business society believe that the import price of domestic potassium chloride may rise slightly in the short term.

According to the data monitored by the business community, as of February 28, the average price of domestic rubber grade high-grade white carbon black was 6100.00 yuan / ton. The white carbon black market was mainly stable, the price was weak, the upstream raw material price rose slightly, and the white carbon black market was stable. At present, the market supply is normal, the downstream just needs to purchase, and the transaction atmosphere is general.

In the first ten days of February, the mainstream price of white carbon black was about 6870 yuan / ton. The price was mainly stable. The overall market supply and demand was balanced and operated in a narrow range. It was mainly for contract customers. Compared with the same period last month, the price increased by 20.61%. In the first ten days of February, the white carbon black market was stable, medium and strong.

In mid February, the mainstream price of white carbon black was about 6100 yuan / ton, and the price decreased slightly. It was mainly just needed to purchase, mainly for contract customers. The negotiation atmosphere was flat, the scope of price change was limited, and the white carbon black market was weak, and the operation was sorted out.

In late February, the mainstream price of white carbon black was about 6100 yuan / ton, and the price was mainly weak. Compared with the same period last week, there was no significant change in the price. The overall market was balanced in supply and demand, mainly for just needed procurement, mainly for contract customers. The negotiation atmosphere was flat, and the white carbon black market was stable, medium and strong.

Upstream hydrochloric acid: in February, the domestic market price of hydrochloric acid first fell and then rose. The quotation first fell from 296.00 yuan / ton on February 1 to 234.00 yuan / ton on February 9, down 62.00 yuan / ton, down 20.95%, and then rose to 266.00 yuan / ton on February 25, up 13.68%, up 38.18% year-on-year. Business analysts believe that hydrochloric acid mainly fluctuates and rises slightly in the short term.

Chemical commodity index: on February 27, the chemical index was 1145 points, unchanged from yesterday, down 18.21% from the highest point of 1400 points in the cycle (2021-10-23), and up 91.47% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

The white carbon black analyst of business agency believes that it is expected that the white carbon black will operate smoothly in March, with a balance between supply and demand. (to know more about the industry chain market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the commodity price).

On February 27, the hydrobenzene commodity index was 88.02, unchanged from yesterday, down 13.71% from the highest point of 102.01 in the cycle (2014-01-09), and up 193.50% from the lowest point of 29.99 on April 7, 2020. (Note: the period refers to the period from December 1, 2013 to now).

Summary of price adjustment of Sinopec pure benzene (unit: yuan / ton)

Date, Adjusted price, Adjustment amount

July 2, 8100.,+400

February 14, 7950.,-150

February 18, 7750.,-200

February 24, 7900.,+150

On February 24, 2022, the listing price of Sinopec pure benzene was increased by 150 yuan / ton, 7900 yuan / ton, and Qilu Petrochemical 7850 yuan / ton.

Other enterprises: Dongming Petrochemical offers 8000 yuan / ton, HSBC Petrochemical 7900 yuan / ton, Jincheng Petrochemical 7950 yuan / ton, Weilian chemical 8003 yuan / ton, Xinhai Petrochemical 7950 yuan / ton and Hongrun petrochemical 8450 yuan / ton.

Crude oil rose mainly this month. Positive: the prospect of crude oil demand is good and the geopolitical situation is tense; Bearish: positive signals from Iran’s nuclear negotiations. As of February 25, Brent rose $6.72 / barrel, or 7.37%; WTI rose $3.44/barrel, or 3.9%. On February 25, the price of international crude oil futures fell. Us WTI crude oil futures contract settlement price in April was US $91.59/barrel, down US $1.22 or 1.31%; The settlement price of Brent crude oil futures contract in April was US $95.42/barrel, down US $1.15 or 1.20%.

In February 2022, the first half of the hydrobenzene market was dominated by the shock trend in the second half of the month. The ex factory price in North China was 7525 yuan / ton at the beginning of the month and 7975 yuan / ton at the end of the month, with a monthly increase of 5.98%.

During the Spring Festival, the strong rise of crude oil led to the positive follow-up of relevant energy and chemical products. The shipment of pure benzene from local refining enterprises in Shandong Province was good, and the price rose actively. After the festival, Sinopec raised the price of pure benzene to 8100 yuan / ton, and the market negotiation was positive. However, with the weakening of crude oil support and the limited follow-up of downstream end products, the whole pure benzene industry chain weakened, the holders took profits and the price fell continuously. In late June, tensions between Russia and Ukraine escalated, crude oil rose significantly in the short term, the cost side drove pure benzene to rise, and the price rebounded rapidly. The hydrogenated benzene market closely follows the trend of pure benzene. In the first half of the month, the behavior is dominant, and the second half of the month enters the consolidation shock period.

In the future, the business agency believes that at present, pure benzene is obviously affected by the fluctuation of crude oil trend. In terms of demand, some downstream enterprises have insufficient profit space and lack of power to catch up, and some factories shut down to reduce the burden. The demand is limited, and the upward pressure of pure benzene increases, which may fall; If crude oil continues to rise, or support pure benzene to rise. Continue to pay attention to the impact of the international crude oil market, the external market, the dynamics of pure benzene and downstream devices, and changes in demand on the price of pure benzene.

In February 2022, the domestic 1# tin ingot market price fluctuated widely, but the overall trend remained upward. The average price in the domestic market was 329590 yuan / ton at the beginning of the month and 340730 yuan / ton at the end of the month, with a monthly increase of 3.38%.

On February 27, the tin commodity index was 173.54, unchanged from yesterday, hitting a record high in the cycle, up 304.90% from the lowest point of 42.86 on December 9, 2015. (Note: the period refers to the period from September 1, 2011 to now).

After many shocks in the tin market in February, the overall market is still an upward trend. In terms of supply, some manufacturers are still in the maintenance state, but the overall operating rate has increased to a certain extent compared with the previous period. It is expected that the large factories overhauled in the early period in mid and late March will gradually return to work. At present, the supply of tin ore is relatively stable, but the overall supply is still tight. In terms of downstream demand, downstream manufacturers gradually resumed work after the Spring Festival. Because the resumption time was later than that in the upstream, the demand was weak this month. However, the high tin price has affected the demand for downstream goods preparation. At present, the downstream goods are still prepared according to the principle of purchasing on demand.

From a fundamental point of view, tin is still in a pattern of weak supply and demand, and low inventory continues to support the rise of tin price. However, due to the general recovery in the downstream and small demand support, the tin price will still maintain a volatile trend in a short time, and we still need to pay attention to the downstream demand in the future.

Relevant data:

According to the latest report data released by the world Bureau of Metal Statistics (WBMs), the global tin market had a surplus of 2100 tons from January to December 2021. From January to December 2021, the output of refined tin increased by 3000 tons compared with the same period in 2020, and the apparent demand decreased by 1.7% to 378000 tons compared with the same period in 2020. In December 2021, the global refined tin output was 29100 tons and the consumption was 30500 tons.

On February 25, 2022, the London Metal Exchange (LME) tin inventory increased by 15 tons (unit: ton) by 2255 tons

According to the data monitored by the business community, as of February 28, the average price of domestic general transparent grade high-quality products PMMA was 17650.00 yuan / ton. In January, PMMA maintained a stable operation, and the price fluctuation was not obvious. The quotation range of mainstream manufacturers maintained about 17600 yuan / ton. In the PMMA market, it maintained a stable operation, with a stable negotiation focus and a stable negotiation focus.

In the first ten days of February, the average price of domestic general transparent grade superior PMMA was 17625.00 yuan / ton, and the quotation range of mainstream manufacturers remained about 17600 yuan / ton. Compared with the same period last week, there was no significant change in the price. The price of PMMA was mainly stable, the overall price change was not obvious, the focus of negotiation was stable, and the supply side was normal.

In the middle of February, the average price of domestic general transparent superior PMMA was 17650.00 yuan / ton, the quotation range of mainstream manufacturers remained about 17600 yuan / ton, and the price change was not obvious. The price of PMMA was mainly stable, the procurement atmosphere was general, the focus of negotiation was stable, and the supply side was normal.

In late February, the average price of domestic general transparent grade superior PMMA was 17625.00 yuan / ton, the price remained stable, and the fluctuation was limited. The manufacturers actively shipped and gave away the order, and the negotiation atmosphere was general. The quotation range of mainstream manufacturers remained about 17600 yuan / ton. Compared with the same period last week, the price of PMMA remained stable, the overall price change was not obvious, and the negotiation focus was stable, The supply side is normal.

Rubber and plastic index: on February 27, the rubber and plastic index was 773 points, unchanged from yesterday, down 27.08% from the highest point of 1060 points in the cycle (2012-03-14), and up 46.40% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now).

PMMA analysts of business agency believe that the PMMA market is expected to operate smoothly in March. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

According to the monitoring data of business agency, from February 18 to 25, the average market price of cyclohexanone in China fell from 12033 yuan / ton to 10833 yuan / ton, with a decrease of 9.97% in the week, a month on month increase of 9.75% and a year-on-year increase of 6.56%.

The domestic cyclohexanone market fell significantly this week, the raw material pure benzene rose in a narrow range, and the cost support was stable. However, in terms of supply and demand, some enterprises have reduced the production or maintenance of caprolactam units, increased the supply of cyclohexanone, and the market supply is quite abundant. Although some caprolactam factories have purchased one after another, the oversupply of goods in the market is still obvious. Under the pressure of shipment, the factory actively makes profit and ships, and the focus of transaction continues to decline.

Summary of domestic cyclohexanone market as of February 25:

region ., Price

East China . 11000-11200 yuan / ton vehicle cash delivery

South China . 11400-11500 yuan / ton cash delivery

Shandong region . 10800-11000 yuan / ton

Raw material pure benzene: the price of pure benzene rose. As of the afternoon of the 24th, the mainstream negotiation in East China was 8050 yuan / ton, up 330 yuan / ton from last Friday. Driven by the sharp rise of crude oil, the spot of East China pure benzene quickly followed up to 8050 yuan / ton. The market offer was active and the transaction volume was large.

Comparison chart of price trend of pure benzene (upstream raw material) and cyclohexanone in business agency:

Downstream caprolactam: the caprolactam market is weak. Recently, the cost deviates from the fundamentals of supply and demand, and the price of caprolactam continues to decline under supply pressure. The cost of caprolactam rose again, and the price of caprolactam stopped falling when the loss increased. In addition, crude oil rose sharply under the influence of the situation in Russia and Ukraine, and the caprolactam market stayed on the sidelines.

Comparison chart of price trend of cyclohexanone and caprolactam (downstream products) in business society:

Cyclohexanone is still in the situation of oversupply, but pure benzene is strongly supported, and the profit space of cyclohexanone is small. It is expected that the cyclohexanone market will be weak in the short term, with limited room for decline. The cyclohexanone analyst of business society predicts that the short-term cyclohexanone market is dominated by weak consolidation.

According to the monitoring of business agency, the price index of domestic rare earth market continues to rise. Recently, the rare earth market has reached a ten-year high. Recently, the price of domestic praseodymium neodymium series has remained high, and the price of terbium Series in heavy rare earth market has risen. On February 24, the rare earth index was 1007 points, unchanged from yesterday, hitting a record high in the cycle, up 271.59% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

Recently, the domestic light rare earth market price has continued to be high, and the price rise of praseodymium neodymium series, the mainstream of rare earth market, is dominated. In terms of products:

It can be clearly seen from the product price trend chart that the prices of domestic metal neodymium, neodymium oxide, praseodymium oxide, metal praseodymium, praseodymium neodymium alloy and praseodymium neodymium oxide have reached a ten-year high. As of the 24th, the price of neodymium oxide in rare earths in China was 1.23 million yuan / ton; The price of neodymium is 1.5 million yuan / ton; The price of praseodymium oxide is 1.09 million yuan / ton; The price of praseodymium neodymium oxide is 1.105 million yuan / ton; The price of praseodymium neodymium alloy is 1362500 yuan / ton; The price of metal praseodymium is 1.39 million yuan / ton, and the trend of domestic rare earth market remains high.

The domestic rare earth market price hit a ten-year high, mainly due to the widening gap between supply and demand, the continuous resumption of metal factories and the continuous increase of on-site demand. However, the separation enterprise is still in parking, so the contradiction between supply and demand continues to expand, the price trend in the yard continues to rise, coupled with strong downstream demand and insufficient supply, which is good for the domestic rare earth market. Due to the shortage of raw materials, increased demand, and the aggravation of the supply shortage of praseodymium and neodymium oxide and other mainstream products of some large upstream groups, the market is bullish. In addition, the demand for permanent magnet has increased significantly, the rapid development of new energy industry has driven the development of many industries, and the upstream material rare earth permanent magnet has also caught the “express train”. The sales of new energy vehicles are normal, the demand for rare earths is at a high level, and the price of rare earth oxides continues to rise. Rare earth metal factories are more cautious in purchasing without lock orders, and the market price of rare earths in the field continues to rise.

The national environmental protection supervision is still continuing. Rare earth is in the peak season of traditional demand. Superimposed on the launch expectations of relevant policies in the rare earth industry, supply and demand are expected to resonate with policies, and the rare earth market continues to rise. In addition, the inventory of neodymium praseodymium oxide has been at a low level, the shipment willingness of cargo holders is low, the reluctance to sell and wait-and-see mood is strong, and the on-site price continues to rise. According to statistics, the demand for new energy vehicles has increased. According to the data released by China Automobile Industry Association, in January 2022, China’s automobile production and sales reached 2.422 million and 2.531 million respectively, with a month on month decrease of 16.7% and 9.2% respectively, and a year-on-year increase of 1.4% and 0.9% respectively. The automobile production and sales showed a steady and small growth. Driven by the dual drive of market and policy, the demand market for vehicle specification semiconductors broke out in an all-round way, Recently, the demand in the field of new energy is relatively high, and the domestic light rare earth market price continues to rise. Driven by the demand for Nd-Fe-B, the price trend of domestic heavy rare earth market rose.

It can be seen from the trend chart that the domestic price of dysprosium is still rising. As of the 24th, the price of dysprosium oxide is 3.145 million yuan / ton, the price of dysprosium ferroalloy is 3.13 million yuan / ton, the price of metal dysprosium is 3.985 million yuan / ton, and the price of domestic terbium is rising. The price of domestic terbium oxide is 15.05 million yuan / ton, and the price of gold terbium is 19.2 million yuan / ton. The price trend of heavy rare earth is rising, the transaction market of domestic rare earth market is acceptable, and the leading magnetic material factory purchases actively, which makes the domestic heavy rare earth market price higher. Recently, some separation enterprises in the areas where medium and heavy rare earth mines are used such as Jiangxi, Hunan, Guangdong and Guangxi have stopped, and the tight supply has made the market price of heavy rare earth higher. In addition, the export of Myanmar is limited, which further aggravates the supply disturbance, The global supply of rare earths is relatively concentrated, and Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the products in the domestic heavy rare earth market. Recently, the on-site procurement has been positive, the stock mood is still there, and the price trend of heavy rare earth in the on-site has maintained a high trend.

In addition, with the support of national policies, the first batch of Rare Earth total amount control indicators in 2022 meet the expectations, and the industry pattern continues to be optimized. On the 28th, the Ministry of industry and information technology and the Ministry of natural resources issued the first batch of Rare Earth total amount control indicators in 2022, of which the ore indicators and smelting separation indicators were 100800 tons and 97200 tons respectively. The increase of the index is in line with expectations, and the state is still relatively restrained in releasing the rare earth supply index. The first batch of ore indicators / smelting separation indicators in 2022 are + 20% year-on-year, and the growth rate is lower than that of the first batch in 2021 (year-on-year + 27.3% / 27.6%). It is expected that the overall supply and demand of rare earth will remain tight in 22 years. The index increment is still focused on light rare earths. Among the mining indicators in 2022, the rock ore type rare earth (mainly light rare earth) is 89310 tons, with a year-on-year increase of + 23.2%, and the ionic rare earth is 11490 tons, with a year-on-year balance. It is expected that the increment will be concentrated in light rare earth, which will be a long-term trend. In addition, the export volume of rare earth rose sharply in 2021, with a cumulative export of 107900 tons of rare earth throughout the year, a year-on-year increase of 38%. The rise of foreign demand led to the rise of the domestic rare earth market. On the whole, the demand for rare earth products increased, and the price trend of the domestic rare earth market continued to rise.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, the demand continues. In addition, the domestic rare earth supply is still tight and the inventory continues to decline. The recent on-site transaction market is good, and the supply enterprises will continue to restart in the later stage. Chen Ling, a business social analyst, predicts that the price increase of rare earth market in the later stage is limited.

According to the data monitoring of business society, as of February 22, 2022, the reference average price of 30% grade phosphorus ore in the mainstream areas of China is around 710 yuan / ton. Compared with February 1 (the ex factory price of phosphate rock is 700 yuan / ton), the average price increases by 10 yuan / ton, or 1.43%. Compared with January 1 (the ex factory price of phosphate rock is 690 yuan / ton), the average price increases by 20 yuan / ton, or 2.90%.

It can be seen from the data monitoring chart of business society that in early February, during the Spring Festival holiday, the trend of domestic phosphorus ore market was calm, the mine was shut down for vacation, the downstream was basically closed, and the on-site trading was quiet. In the first week after the return of the Spring Festival holiday, the domestic phosphorus ore market continued to operate steadily as a whole, and the mines resumed production one after another. The phosphorus ore market changed little, and the downstream demand digested the early inventory.

In late February, the domestic phosphorus ore market ushered in the first price increase of this month. The price adjustment areas mainly came from mining enterprises in Guizhou. In the late stage, the downstream demand for phosphate rock has gradually recovered, and the supply in the phosphate rock yard is still tight. On the 18th, some mining enterprises in Guizhou took the lead in raising the price of medium and high-end phosphate rock, of which the price increase of 30% phosphate rock freight plant is about 10-30 yuan / ton, and the price of 30% phosphate rock freight plant in Guizhou is about 650-700 yuan / ton, The market price of 28 grade phosphorus ore is basically the same as that before the festival, with reference to around 580-630 yuan / ton. At present, the overall high level of phosphorus ore market is dominated by good operation.

According to the business agency, the following is the current price of phosphate rock in some parts of China (for reference only)

product . Area Taste Price. remarks

Phosphate rock . Guizhou . 30% . 660-680 yuan / ton . Factory price

Phosphate rock Guizhou . 28% . 580-620 yuan / ton . Factory price

Ammonium phosphate ore Hubei 30% . 660-680 yuan / ton . Car board price

Phosphate rock . Guangxi 30% . 660-690 yuan / ton . Factory price

Phosphate rock Guangxi . 28% . 580-620 yuan / ton . Factory price

In terms of downstream yellow phosphorus, in February, the domestic yellow phosphorus market rose and operated as a whole. According to the monitoring data of business agency, as of February 21, the reference price of domestic yellow phosphorus was 33250 yuan / ton, an increase of 3.1% compared with the price on February 1 (32250 yuan / ton). Recently, the domestic yellow phosphorus market price has been stable. The overall market trading situation is acceptable, there are many downstream inquiries, mainly just need replenishment, and the transaction of new orders is limited. It is expected that the price of yellow phosphorus will mainly run at a high level in the short term.

Prediction and analysis of future trend of phosphate rock

Near March, the spring ploughing and sowing season is coming, and the downstream phosphate fertilizer of phosphate rock terminal will usher in the peak season. Driven by the downstream, the domestic phosphate ore market will continue to warm. Phosphate ore analysts of business society believe that in the short term, the domestic phosphate ore market will continue to operate at a high level and firmly, and more attention needs to be paid to the news changes of supply and demand.