1、 Price trend

According to the bulk data list of business society, the average price of domestic phosphoric acid on November 24 was 10500 yuan / ton, a decrease of 4033 yuan / ton compared with 14533.33 yuan / ton at the beginning of the month, a decrease of 27.75% during the month, and an increase of 109.3% compared with the same period last year.

2、 Market analysis

In November, the phosphoric acid market continued to decline, with a decline of about 27% in the whole month. The maximum amplitude in the month was – 32.11%, and the price decreased sharply. The price of phosphoric acid fell deeply in the early stage of this month, but rebounded in the second half of this month, but it was difficult to recover the decline in the early stage. The main actors below the whole month were mainly caused by raw materials. In the first week, the price of raw yellow phosphorus dropped sharply to about 35000 yuan / ton, the cost support fell, the phosphoric acid market fell rapidly, the reduction range of enterprises ranged from 500-5500 yuan / ton, and the market focus shifted downward. In the second week, local electricity prices increased and costs increased, supporting the price of raw yellow phosphorus to rise slightly. However, phosphoric acid enterprises have not operated yet, still maintain a wait-and-see attitude, and the price remains stable. In the third week, the phosphoric acid market continued to wait and see, and the price tried to rise, but the increase was small, and the overall market rose steadily. Towards the end of the month, raw materials rose steadily and secretly, and there were signs of price increase. The wait-and-see mood in the phosphoric acid market was stronger. Most enterprises remained stable and some increased. At present, the trading atmosphere in the market is general. Enterprises continue to issue main orders, and there are few new orders. The trading has a wait-and-see mentality, and pay close attention to the price trend of raw materials. According to the monitoring of the business community, the current quotation in Sichuan is 9500-10500 yuan / ton, that in Yunnan is about 11000-11500 yuan / ton, that in Hebei is about 11000-12000 yuan / ton, that in Hubei is 10000-11500 yuan / ton, and that in Shandong is 10000-11000 yuan / ton. The price of phosphoric acid in all regions is down as a whole this month.

According to the weekly rise and fall from August 26, 2021 to November 21, 2021, it can be seen that the main players in the early stage of the phosphoric acid cycle are weak and hold down after October. In the week of November 1, the price fell deeply by 32.11%, and then held steady. The price rose in the week of November 15, but the range is small. The price fell more and rose less in November.

region product Specifications date Price (yuan / ton)

Sichuan region phosphoric acid 85% industrial grade November 24th 9500-10500

Yunnan region phosphoric acid 85% industrial grade November 24th 11000-11500

Hebei region phosphoric acid 85% industrial grade November 24th 11000-12000

Hubei region phosphoric acid 85% industrial grade November 24th 10000-11500

Shandong region phosphoric acid 85% industrial grade November 24th 10000-11000

Phosphate rock, on November 23, the reference price of phosphate rock was 663.33, which was the same as that on November 1. At present, the supply of domestic phosphate rock market is still tight, and the demand performance is OK. Phosphate rock analysts of business society believe that in the short term, the domestic phosphate rock market will continue to operate stably, and more attention needs to be paid to the news changes of supply and demand.

On November 23, the reference price of yellow phosphorus was 38000.00, a decrease of 18.57% compared with November 1 (46666.67), and the price has increased slightly recently. 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.

3、 Future forecast

According to the phosphoric acid analyst of the chemical branch of business society, the phosphoric acid market fell in November, and the price rebounded slightly near the end of the month, but it was difficult to form an obvious inflection point. The wait-and-see mentality of the industry remained, and the market trading was general. It is expected that the phosphoric acid market will be mainly stabilized in the short term, and the price trend of raw materials needs to be paid attention to.