Phosphorus decline in value of the market situation has not yet emerged a large
Domestic yellow phosphorus market power mitigation by local area, prices began to fall loose, causing the market prices continue to fall, weekly Guizhou Province to restore electricity supply, electric furnace operating rates rose sharply to around 7 percent, a large number of supply into the market, pre- completely break the stalemate both parties, thereby stimulating the market slightly with the fall of Yunnan, Hubei, dumped goods market phenomenon. The only news is that the transport situation in the domestic tension, a lot of delay in supply of low phosphorus into the national market, the domestic market has not yet emerged a large area of yellow phosphorus decline in value of the situation.
Operation in major producing areas: Yunnan Province: the province this week, the electricity supply situation remains tight in the province furnace operating rate of less than 1 percent, to outward transport situation tense, affected by the decline in value of Guizhou Province, the province this week, turnover fell to 15400-15500 yuan / tons.
Sichuan Province: the province of poor turnover, the net price of 14,800 yuan phosphorus mainstream discussion / ton, lower procurement lonely atmosphere, is expected to improve before the province will be no trading volume, Foreign Sell By transportation constraints, mainly to send pre-order the new single net phosphorus mainstream negotiate prices 15500-15700 yuan / ton.
Guizhou Province: limited power since last week end, starts to rebound substantially lower prices this week continued to decline, the overall decline in 1000 yuan / ton, the net transaction price of mainstream P 14800-15000 yuan / ton, Mass this weekend the local net phosphorus factory in Guizhou there 14,500 yuan / ton latest cheap.
Hubei Province: the power supply situation improved slightly in the province furnace starts poor, some companies a little inventory, supply hit the market by cheap southwest part of Hubei company intends to sell phosphorus dumped stock, net phosphorus mainstream negotiate prices 16800-17000 yuan / ton.
Major domestic procurement market situation: Jiangsu Province: Jiangsu Province this week by the purchaser of yellow phosphorus in Guizhou sharp drop in the market began to wait and see, not much volume, mainstream arrival price 16100-16800 yuan / ton, this weekend, 16,000 yuan / ton low offer.
Shandong Province: Earlier this week, some companies began to purchase before the holiday, pre-order arrival 16,800 yuan / ton, the most recent negotiations on the new single 16100-16500 yuan / ton.
Market outlook analysis: power supply, resulting in spot market liquidity scarce, the spot price is too high Hubei little impact on the market, the main supply of yellow phosphorus in Sichuan pre-orders for export, mainly affected by changes in the market before the holiday of yellow phosphorus in Guizhou Province, the price impact next week, yellow phosphorus in Guizhou will gradually enter the domestic market, the price decline will lead to more sluggish procurement market downturn, watching the atmosphere will spread downstream, volume continued to shrink, the market price of yellow phosphorus further downside risks, is expected to fall in the range of 100 -200 yuan / ton.
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