1、 Price trend
According to commodity data monitoring, the price of Yungui yellow phosphorus decreased this week. The average price of yellow phosphorus at the beginning of the week was 17450 yuan / ton, and the average price at the end of the week was 17300 yuan / ton. The price in the week decreased by 0.86%.
2、 Market analysis
Product: yellow phosphorus market price is down this week. At present, the overall market of yellow phosphorus is generally traded, spot tension is improving, and downstream procurement is more cautious. At present, the main quotation of yellow phosphorus in Yunnan is about 16900-17000 yuan / ton. The quotation in Guizhou is about 16900-17000 yuan / ton. The quotation in Sichuan is about 17000-17500 yuan / ton. The overall market performance is average, the downstream procurement is more cautious, and traders mainly wait and see.
| Sodium Molybdate |
Industry chain: upstream and downstream markets of phosphate rock have been weak in recent days, with insufficient support. In Guizhou Province, the quotation of phosphate ore from many mining enterprises was slightly lowered and put into operation, with a decrease of 10-30 yuan / ton. Yunnan’s market is relatively stable, Hubei’s current weak sorting operation is the main, and Guangxi’s overall weak phosphate ore market is downward. It is expected that the phosphorus ore market will be weak and stable in recent days. The market price of Panzhihua coke (secondary metallurgical coke) is 1780 yuan / ton, which is the same as the previous trading day and the same period last month. The price in Southwest China is mainly stable, and the future market is stable. Downstream, phosphoric acid, phosphate market all over the market stable, general market sales, enterprises to maintain the main orders of old customers.
3、 Future forecast
Yellow phosphorus analysts from the chemical branch of business news agency think that the market price of yellow phosphorus fell this week, and the market trading atmosphere was average. Downstream wait-and-see mood is obvious, take goods carefully. The company basically has no inventory, and the on-site spot sales are OK. It is expected that the price of yellow phosphorus will be weak in the near future.
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