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    Home > Chemicals Industry > China Chemical > Phosphorus chemical product prices continue to rise, related companies accelerate their layout

    Phosphorus chemical product prices continue to rise, related companies accelerate their layout

    • Last Update: 2021-09-12
    • Source: Internet
    • Author: User
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    Since the beginning of this year, the prices of related products in the phosphorus chemical industry chain have continued to rise
    .


    According to data from Baichuan Yingfu, phosphate fertilizer raw materials such as monoammonium phosphate and diammonium phosphate were quoted at 3345 yuan/ton and 3264 yuan/ton respectively on September 6, up about 64% and 39% from the beginning of the year


    Industry insiders said that since the beginning of this year, affected by the international epidemic, foreign phosphate fertilizer companies have under-operated, decreased production capacity, and increased exports of domestic companies.


    This has affected the price of phosphate fertilizer in a disguised manner


    Benefiting from the rapid development of new energy batteries, the price of lithium iron phosphate has also risen
    .


    Baichuan Yingfu said that the price of lithium iron phosphate on September 6 was 59,000 yuan/ton.
    Under the pressure of front-end raw material cost, the price of lithium iron phosphate by large enterprises has increased significantly


    Everbright Securities believes that with the continuous increase in demand for lithium battery materials in the downstream new energy field, the demand for upstream raw materials such as phosphate rock, ammonium phosphate, and phosphoric acid is also increasing
    .


    Taking phosphate rock as an example, Baichuan Yingfu’s offer was 592 yuan/ton, an increase of about 58% compared to the beginning of the year, and an increase of about 59% compared to the same period last year


    Related listed companies in the phosphorus chemical industry chain are also accelerating their deployment
    .


    In late August, Chuanheng Co.
    , Ltd.
    planned to increase the capital of its subsidiaries Guangxi Pengyue and Tianyi Mining.
    Guangxi Pengyue is promoting the "200,000 tons/year semi-water-dihydrate wet-process phosphoric acid and deep processing project".


    According to the analysis of Everbright Securities, the traditional products of phosphate chemical industry, such as phosphate fertilizer and compound fertilizer, are in strong demand, and international export demand is still good; in terms of emerging products, domestic enterprises' iron phosphate production capacity plans continue to be launched, and domestic supply will still be tight in the short and medium term.


    Supply and demand will tend to balance



      

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