According to the data monitoring of business agency, as of August 31, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 563 yuan / ton, up 13 yuan / ton or 2.42% compared with the price on August 1 (the reference average price of phosphorus ore was 550 yuan / ton).

In early August, the domestic phosphorus ore market as a whole operated stably at a high level, the mining operation rate was low, the spot supply of medium and high-end phosphorus ore was tight, and most orders were from old customers. In late August, on the 16th, the domestic phosphate ore market closed to the high end again. Some mining enterprises in Guizhou raised the price of medium and high-end phosphate rock again, by about 10-30 yuan / ton. The price of 30% phosphate rock freight plant is near 510-550 yuan / ton, and the price of 28% phosphate rock freight plant is near 470-490 yuan / ton. Subsequently, the domestic phosphate ore market continued to operate at a high level. As of August 31, the quotation of 28% ammonium phosphate ore ship board in Hubei was around 560-580 yuan / ton. The ex factory quotation of 30% grade phosphorus ore of mining enterprises in Hebei is 650 yuan / ton. The quotation of 8% grade phosphate rock freight plant of mining enterprises in Guangxi is 490 yuan / ton.

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

product region grade Price remarks

Phosphate rock Guizhou 30% 510-550 yuan / ton Factory price

Phosphate rock Guizhou 28% 470-490 yuan / ton Factory price

Ammonium phosphate ore Hubei 28% 570 yuan / ton Ship board price

Phosphate rock Guangxi 30% 500-560 yuan / ton Factory price

Phosphate rock Guangxi 28% 460-490 yuan / ton Factory price

Downstream yellow phosphorus, affected by power rationing in Yunnan in July, the price of yellow phosphorus rose too fast, and the quotation was about 28000-30000 yuan / ton. The downstream has limited acceptance of high priced yellow phosphorus. The price of yellow phosphorus began to decline in early August. In the second week of August, the price of yellow phosphorus fell to about 24000-25000 yuan / ton, and then the price of yellow phosphorus was relatively stable. In the last week of August, yellow phosphorus production decreased slightly compared with last week. Yellow phosphorus manufacturers mainly issue early orders, and some manufacturers temporarily stop external quotation. The shortage of yellow phosphorus spot has intensified, and the price of yellow phosphorus has risen rapidly. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 27000-28000 yuan / ton; The mainstream quotation in Sichuan is about 28000 yuan / ton; The mainstream quotation in Guizhou is about 27000-28000 yuan / ton. Downstream appropriate procurement, on-site spot is still tight, market confidence is good, and the price of yellow phosphorus is high.

For downstream phosphoric acid, in August, the price of phosphoric acid market continued to rise due to cost support. The price fluctuation was concentrated in the second half of the month, with an increase of more than 10% in just a few days. In the first week, with the price of raw yellow phosphorus as low as 24000 yuan / ton, the cost support fell, the quotation enterprises gradually increased, and the market remained stable as a whole, but some enterprises reduced slightly. In the second week, the phosphoric acid market still operated slowly and steadily, followed the market and adjusted the price in a narrow range. In the third week, the raw materials tended to be stable, but there were bullish expectations. The phosphoric acid market waited carefully for the market to reflect, and there were few low prices. From the fourth week to the end of the month, the output of raw materials decreased, the supply of goods tightened, the price rose sharply to 28000 yuan / ton, and orders were received in limited quantities, the cost was under pressure, the commencement of phosphoric acid enterprises declined, the on-site supply tightened, and the market price rose rapidly. According to the monitoring of the business community, the quotation in Jiangsu is 7400-7500 yuan / ton, that in Hebei is 7800-8400 yuan / ton, that in Hubei is about 8000-8100 yuan / ton, that in Shandong is about 7500-7600 yuan / ton, that in Yunnan is about 7700 yuan / ton, and that in Sichuan is 7400-8500 yuan / ton. The price of phosphoric acid in various places has increased sharply.

Forecast and analysis of future trend of phosphate rock

At present, the overall supply of the mine continues to be tight. Individual Guizhou mining enterprises do not quote for the time being, only receive orders from old customers, and the upstream Yellow Phosphorus market also gives market support. Therefore, phosphorus ore analysts of business society believe that in the short term, China’s phosphorus ore market will focus on high-level consolidation and operation.