On April 30, the mainstream acceptance transaction price of raw yellow phosphorus was about 38000 yuan, up 1000 yuan or 2.7% from the price at the end of March.
Domestic phosphorus ores are mainly distributed in four production areas: Yunnan, Guizhou, Sichuan and Hubei. Among them, most ores in Yunnan and Guizhou are mainly for their own use, with few market circulation sources, and a small amount of goods flowing out occasionally are also discussed; The output of Sichuan is relatively small, and the grade of phosphate rock mined since last year is low, so the overall supply of the market can not be guaranteed. On the whole, the shortage of phosphorus ore resources in China has driven the continuous rise of market prices.
By the end of April, the mainstream market price of phosphorus ore with 30% grade was 700 ~ 800 yuan, an increase of 400 ~ 500 yuan or 133% ~ 167% compared with the mainstream price last year. At present, mining enterprises have a strong bullish atmosphere, which will be good for the yellow phosphorus market.
The supply of phosphate rock is tight, and yellow phosphorus enterprises support the quotation. At present, some low-end prices in the market are reduced. Superimposed on the positive factors such as continuous replenishment in the downstream and fair trading volume of new orders, it is expected that yellow phosphorus will continue to operate at a high level in the future, which will still form a strong cost support for the phosphoric acid market.
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