First, price trend

According to the commodity market analysis system, on April 1, the average reference price of domestic 85% thermal process phosphoric acid was 7991 yuan/ton, and on April 30, the average reference price of domestic 85% thermal process phosphoric acid was 6920 yuan/ton, and the price of domestic thermal process phosphoric acid fell 13.41% this month.

According to the commodity market analysis system of the business community, the average reference price of 85% wet process phosphoric acid in China was 8216 yuan/ton on April 1, and the average reference price of 85% wet process phosphoric acid in China was 6950 yuan/ton on April 30. The price of wet process phosphoric acid in China fell 15.42% this month.

Second, market analysis

Phosphoric acid market prices fell in April. This month, raw materials yellow phosphorus and phosphate ore market prices down, the weak market is still insufficient cost support. Market demand is weak, trading volume is light, the floor is mainly bearish. The cost and demand are weak, and the domestic phosphoric acid price has been reduced continuously. As of April 30, the factory quotation of 85 content thermal process phosphoric acid in Sichuan region is about 6600-7000 yuan/ton, the factory quotation of 85 content thermal process phosphoric acid in Yunnan region is about 6800 yuan/ton, and the factory quotation of 85 content thermal process phosphoric acid in Hubei region is about 6700-6900 yuan/ton. The domestic market price of 85 content wet process phosphoric acid is about 6450-7500 yuan/ton.

Raw material phosphate ore market. April domestic phosphate ore market overall weak downward operation. In early April, affected by the decline of the yellow phosphorus market in the downstream of the industrial chain, the downstream began to decline. The demand for phosphate ore in some parts of the country loosened, and the wait-and-see atmosphere was strong. Some mining enterprises lowered the price of middle and high-end grade phosphate ore, and the reduction range was around 10-30 yuan/ton. Subsequently, in the middle of April, the overall phosphate ore market was weak, stable and consolidated. Near the end of the month, some mining enterprises in Sichuan region adjusted the phosphate ore price downward by about 10-20 yuan/ton.

Raw material yellow phosphorus market. The market price of yellow phosphorus fell sharply in April. Early this month, manufacturers mainly send early orders, many do not offer external prices. The market trading situation is light, the market wait-and-see atmosphere is strong, the enthusiasm of buying is not high, the high-end price is difficult to deal with, the market price is down. At present, the cost of most yellow phosphorus enterprises is inverted at the end of this month. In the production enterprises, the load reduction production is more, and some enterprises stop. They can still receive orders and ship normally, but they do not offer external prices. As of April 30, the quotation in Sichuan region is about 24,000-25000 yuan/ton, and the quotation in Guizhou region is 28000 yuan. The actual transaction is a single discussion.

Third, the future market forecast

Business phosphoric acid analysts believe that after the phosphoric acid market consolidation and wait-and-see, downstream procurement is less, the trading atmosphere is weak. Raw material yellow phosphorus market trend is still in the downward finishing trend, phosphoric acid industry confidence. Phosphoric acid price is expected to be weak in the short term.