1、 Price trend
| sulphamic acid |
According to the Commodity Market Analysis System of the Business Society, as of July 21, the reference average price of 85% industrial grade thermal phosphoric acid in China was 6600 yuan/ton, which is 6560 yuan/ton compared to the reference average price on July 17. This week, the domestic thermal phosphoric acid price increased by 0.62%.
According to the Commodity Market Analysis System of Business Society, as of July 21, the reference average price of 85% wet process phosphoric acid in China was 6433 yuan/ton, which is 0.52% lower than the reference average price of 6466 yuan/ton on July 17.
2、 Market analysis
The market price of thermal phosphoric acid has increased this week. The price of raw material yellow phosphorus has increased, leading to increased cost support. Downstream on-demand procurement, with a focus on wait-and-see in the industry, and fair market trading. As of July 21, the ex factory quotation of 85% thermal phosphoric acid in Yunnan was about 6700 yuan/ton, that of 85% thermal phosphoric acid in Hubei was about 6600-6700 yuan/ton, and that of 85% thermal phosphoric acid in Sichuan was about 6400-6600 yuan/ton.
In terms of raw material yellow phosphorus, the market price of Yungui yellow phosphorus increased this week. As of July 21st, the quotation for yellow phosphorus in the Yungui region of China is around 23600 yuan/ton, and the actual transaction is negotiated.
In terms of raw phosphorus ore, the overall domestic phosphorus ore market showed a weak decline this week. As of July 21st, the domestic market price for 30% grade phosphate ore is based on a reference of around 902 yuan/ton.
3、 Future Market Forecast
Business Society phosphoric acid analysts believe that the price of thermal phosphoric acid has slightly increased this week, and the market is moving well. At present, the market for raw material yellow phosphorus is unstable, and terminal demand needs to be followed up. The phosphoric acid market is mainly cautious and wait-and-see. It is expected that in the short term, the market price of phosphoric acid will be adjusted and operated in a narrow range.
| http://www.sulfamic-acid.com |