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Home / News / After Tomb sweeping day holiday, the Chinese phosphorus ore market rises in an all-round way.

After Tomb sweeping day holiday, the Chinese phosphorus ore market rises in an all-round way.

Views: 1     Author: Site Editor     Publish Time: 2021-04-08      Origin: Site

After Tomb sweeping day holiday, the Chinese phosphorus ore market rises in an all-round way.

Till April 6, the average reference price of 30% grade phosphate ore in mainstream areas of China was around 470 CNY / ton, which increased by 24 CNY / ton or 5.22% compared with April 1 (average reference price of phosphate rock was 446 CNY / ton), and 47 CNY / ton or 11.02% compared with March 1 (average reference price of phosphate rock was 423 CNY / ton).


Phosphoric Acid 85%


Since the beginning of spring, China's agriculture and forestry has entered the peak season. The market of the downstream products of phosphate rock, Monoammonium phosphate, has been rising since the beginning of March. The increase of terminal downstream demand also gives the domestic phosphate rock market upward support power. The domestic phosphate rock market has been operating at a high level since the price increase in March. After the Tomb Sweeping day, the domestic phosphate rock market has again increased the price of phosphate rock, At present, the reference average price of 30% grade phosphate ore in the domestic market is 470 CNY / ton, which is 47 CNY / ton higher than the price on March 1, with a total increase of over 11% since the spring.

 

Since the end of February, the domestic market of Diammonium phosphate has risen sharply. At the end of March, the market price of Diamine phosphate increased, and then maintained a high and stable operation after the Tomb Sweeping day in April. At present, the manufacturers mainly supply export orders, but there is still a gap in the domestic market supply, and the good news still exists. The short-term market continues to run at a high level.

 

In April, although the rising trend of the downstream terminal slowed down, and in recent days, it mainly maintained stable operation, but the big export demands can still support it in the short term. Therefore, the downstream terminal market mostly maintained a high level in the short term. Therefore, the phosphorus ore market, supported by the downstream, has also been mainly in a strong operation in recent days.


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