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Home > Phosphoric acid Phosphorus yellow News > News Detail
Phosphoric acid Phosphorus yellow News
SunSirs: The Phosphoric acid Market Rose First and then Fell in December (12.1-12.28)
December 29 2022 12:34:33()

1、 Price trend

According to the monitoring of the SunSirs, the average market price of 85% industrial thermal phosphoric acid in China was 8841 RMB/ton on December 1, and 9058 RMB/ton on December 28. The domestic price of thermal phosphoric Rrose by 2.45% this month.

According to the monitoring of the SunSirs, the average market price of 85 content wet process phosphoric acid in China was 8566 RMB/ton on December 1, and 8873 RMB/ton on December 28. The domestic price of wet process phosphoric acid rose 3.58% this month.

2、 Market analysis

The phosphoric acid market rose first and then fell in December. In the first half of December, as the price of raw yellow phosphorus continued to rise, the cost side was favorable, and the phosphoric acid market went up. In the second half of December, the price of raw yellow phosphorus fell, the cost support weakened, and the trend of phosphoric acid market began to decline. Downstream purchase on demand, with a small amount of stock. As of December 28, the ex factory quotation of 85% thermal phosphoric acid in Sichuan was about 8700-9200 RMB/ton, that of 85% thermal phosphoric acid in Hubei was about 8800-9200 RMB/ton, and that of 85% thermal phosphoric acid in Yunnan was about 9300 RMB/ton. The market quotation of 85% wet process phosphoric acid in Nanjing is about 9500 RMB/ton.

Raw phosphate rock market. In this month, the domestic phosphorus ore market was in a stable and consolidated operation as a whole. The supply and demand of the site did not change much. The message side was quiet as a whole, and the supply side continued to be tight. The logistics transportation in the site was limited to a certain extent, and the circulation was slow. At the end of the year, the downstream demand was in quantity. The terminal phosphorus fertilizer market was stable, providing support for the phosphorus ore. The phosphorus ore market had a good mentality.

The price of raw material yellow phosphorus rose first and then fell this month. In the first half of December, the market price of yellow phosphorus rose. The electricity restriction in Guizhou has intensified, the yellow phosphorus output has declined, the market supply has also been tight, and the price of yellow phosphorus has risen. In the second half of December, the focus of the domestic yellow phosphorus market was downward, the overall market turnover was average, and logistics in some regions was blocked. Downstream inquiries have increased, but the delivery of goods is more cautious. Most enterprises do not make external quotations and mainly supply early orders.

3、 Future market forecast

Phosphoric acid analysts from the SunSirs believe that the price of raw yellow phosphorus has been stuck in operation recently, the downstream price has been depressed, the support for phosphoric acid cost has been weakened, the demand for phosphoric acid terminals has been sluggish, new orders in the market are few, and the transaction focus in the phosphoric acid market has moved downward. Due to negative factors, the phosphoric acid market is expected to be weak in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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