The phosphoric acid market continues to rise due to the increase in cost support and demand

Since April, the price of yellow phosphorus has risen, and the phosphoric acid market has followed suit since April 18

Raw material prices rise

On April 30, the mainstream acceptance transaction price of raw material yellow phosphorus was about 38,000 yuan, an increase of 1,000 yuan or 2.

According to reports, domestic phosphate rock is mainly distributed in the four major producing areas of Yunnan, Guizhou, Sichuan and Hubei

According to the monitoring data of Baichuan Yingfu Information, as of the end of April, the mainstream market price of phosphate rock with 30% grade was 700-800 yuan, an increase of 400-500 yuan compared with last year's mainstream price, an increase of 133%-167%

"The supply of phosphate rock is tight, and yellow phosphorus companies are supporting their quotations.

Businesses take turns

　　The preparation process of phosphoric acid is mainly divided into thermal process and wet process, among which thermal process is the mainstream process, and its main raw material is yellow phosphorus.

　　"Since April 18, the quotations of thermal phosphoric acid enterprises have followed the rise in the price of yellow phosphorus

　　The price of wet-process purified acid rose steadily

　　Increased downstream demand

　　"The market for sodium phosphate products downstream of thermal phosphoric acid is showing an upward trend, among which the price of sodium tripolyphosphate has risen the most

　　In addition, the recent transportation restrictions in Shandong have eased slightly, and the downstream operating rate has increased, which has led to an increase in the demand for phosphoric acid

　　Another downstream phosphate fertilizer export demand is strong, which also supports the phosphoric acid market

　　"From the perspective of export destination countries, China's monoammonium phosphate exported to Brazil from January to March was 1,800 tons, accounting for only 9%.

　　"In terms of diammonium phosphate, after the end of the spring fertilizer application in the second quarter, the domestic diammonium phosphate market will enter the off-season of sales, the overall market demand will decline, and the contradiction between domestic supply and demand will appear