According to data monitoring by Business Society, as of October 18, 2023, the reference average price of 30% grade phosphate ore in China was around 998 yuan/ton. Compared with October 1, 2023 (the reference price of phosphate ore was 970 yuan/ton), the price increased by 18 yuan/ton, an increase of 2.89%.
After the National Day holiday, the overall domestic phosphorus ore market has slightly increased. Entering this week, the overall high consolidation operation of the phosphorus ore market has not changed much in terms of supply and demand. The overall supply of mid to high-end grade phosphorus ore in some regions is still tight, while downstream demand remains stable, with most of the orders already in demand and pre orders. Currently, the overall price of phosphorus ore in the field has not changed much. As of October 18, the domestic 30 grade phosphorus ore market price reference is around 950-1050 yuan/ton. The specific price may vary depending on factors such as the original ore specifications, powder to lump ratio, and transportation conditions. The specific details need to be negotiated through actual orders.
Prediction and Analysis of the Future Market Trend of Phosphate Rock
At present, the overall trading atmosphere in the phosphate ore field is mild, and downstream demand is relatively stable. Winter warehousing has not been fully opened yet. Although the supply side can still provide some support to the market, the phosphorus ore data analyst of the Business Society believes that in the short term, the overall rise and fall of the domestic phosphate ore market is limited, and the market will mostly operate at high levels for consolidation. The specific trend needs to pay more attention to factors such as demand and downstream shipments.
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