According to the reporter of Cailian, since June 5438+00, the direct demand of yellow phosphorus downstream has been sluggish and the price has continued to fall. In terms of phosphoric acid, due to the regional epidemic situation, the product shipment is not smooth, and the downstream demand is difficult to improve. Fierce market competition has led some enterprises to cut prices.
As of this week, the current purified phosphoric acid in Jiangsu is 8600-9000 yuan/ton, and the transaction is mainly based on actual signing; The ex-factory reference price of industrial-grade phosphoric acid purified water in Southwest China is 7800-8400 yuan/ton, which is more than 1 0% lower than1month ago.
Some insiders told Cailian that the thermal phosphoric acid directly downstream of yellow phosphorus was originally a high-cost product. On June+10, 5438, 400,000 tons of high-purity wet-process phosphoric acid plant was put into operation in Guizhou, with low cost and large output, which had a great impact on the phosphoric acid market, resulting in unsalable hot-process phosphoric acid and yellow phosphorus in some areas.
In the downstream of glyphosate, because of the high price, the demand side is restrained, and the winter storage is unfavorable, so it is difficult to advance. The mainstream production reduction rate of glyphosate enterprises is about 40%, the industry starts 50%-60%, the mainstream ex-factory price of the original drug is 53-54 thousand yuan/ton, and the trade negotiation price is 50-52 thousand yuan/ton, which is actually a single talk.
Despite the continuous downturn in the downstream, the supply of yellow phosphorus has not decreased since June 10.
Industry insiders told Cailian that due to Yunnan's power cut policy, the overall operating rate has declined, but the operating rates in Guizhou and Sichuan have increased. The overall operating rate of the yellow phosphorus industry has exceeded 60% in June 5438+ 10, and it has increased at the peak of construction. The supply continues to increase, the market takes more goods, the downstream bargaining mood is higher, and the price of yellow phosphorus has been falling all the way. However, after the price dropped by more than 10,000 yuan, the operating rate of yellow phosphorus enterprises has begun to decrease. According to the statistics of Longzhong Information, the operating rate of yellow phosphorus industry in Zhou Du this week was 58%, down 2 percentage points from last week, and the weekly output was 1.6 1.0000 tons, down 0.700 tons from last week, down 4. 17%.
Some related business people told the Cailian reporter that after the recent sharp drop in the price of yellow phosphorus, the products were unsalable and the profits of enterprises were greatly affected. At present, many enterprises are considering reducing production and insuring prices, while enterprises without inventory capacity have a stronger desire to reduce production. The way to reduce production is to increase maintenance plans and increase maintenance frequency. At present, Mianyang Qixing, Guizhou Xinxin and Weng 'an Malong all have production reduction and maintenance plans.
However, Ren Hairong told the Cailian reporter that after the yellow phosphorus price plummeted at the end of the year, downstream enterprises just needed replenishment, and downstream enquiries increased significantly this week. The subsequent demand for yellow phosphorus may be expected to increase, which may drive the price of yellow phosphorus to rebound slightly.