Downstream winter storage and early-earning phosphate rock price stabilization

The domestic market trend of phosphate ore is temporarily stable. At present, the market for downstream ammonium monobasic falls has ended, while the export period for low-tariff for the diammonium market has also been closed. The support for the phosphate ore market has weakened, and transactions in the ore market are still mostly based on pre-orders. The first-line phosphate ore enterprises in Yunnan are mainly supplying high-grade phosphate ore, and they mainly go outside the province's markets. The low-grade phosphate ore in the surrounding middle-and-small-scale phosphate ore enterprises is mostly digested by the provincial market, and the price is stable. The phosphate rock ore market in Hubei Province is booming in both production and sales. Phosphate ore mines often maintain normal shipments, and their stocks are relatively low. Supply in some regions is tight, and production and sales are relatively balanced. After the end of the rainy season in Sichuan, the mining rate of phosphorus mines has rebounded sharply and the output has increased significantly. Currently, the trading of phosphate ore in the Mabian and Mianzhu areas is still acceptable, while in the Leibo area, the output of phosphorus mines is not affected by the recent rainfall. difficult. Phosphate mining companies in the Kaiyang area of ​​Guizhou Province had a large number of fixed customers and the transaction was fair. However, in the Luan area affected by the mudslides in the previous Fuquan area, the roads were not smooth, and production and sales basically stagnated. The current fall of the downstream ammonium phosphate market is ending, it is difficult to support the ore market upwards, and will continue to focus on the start-up trend of the fertilizer winter storage market.

Influencing factors: 1. In the northwest region, fertilizer enterprise winter reserve mine earlier, supporting the trading volume of phosphate ore;

2. In the fourth quarter, the price of international phosphate rock rose to support domestic phosphate rock prices;

3. The recovery rate of phosphate ore in the southwest region has risen, and the market supply has increased at a later stage, while the mines in the Yunnan-Guizhou region have more inventories.

Market outlook: The current downstream market for ammonium phosphate falls, the low-tariff export period has also been closed, the downstream support for phosphate rock has weakened, and it is still early to start from the winter storage market, and winter ore preparation will start in November, and the short-term phosphate ore market The quotation is steady, and individual sales areas may decide the winter storage price in advance.