According to data monitoring by Business Society, as of July 11, 2023, the reference average price of 30% grade phosphate ore in China was around 926 yuan/ton. Compared with July 1, 2023 (reference price of 942 yuan/ton), the price was reduced by 16 yuan/ton, a decrease of 1.70%.

From the data monitoring chart of the Business Society, it can be seen that in early July (7.1-7.11), the overall market situation of mid to high-end grade phosphorus ore in China showed a weak decline. In early July, the phosphorus ore market was operating in a weak and consolidated manner, with weak downstream demand. The overall shipment pace of the phosphorus ore market slowed down, and the mentality of the industry was average. The demand dragged down the impact. On the 11th, some mining companies in Guangxi and Guizhou lowered the prices of mid to high-end grade phosphorus ore, with a downward adjustment of 20-50 yuan/ton, widening the gap between high and low prices on the market. As of July 11th, the domestic market price for 30% grade phosphate ore is based on 800-1000 yuan/ton. The specific price may vary depending on factors such as the original ore specifications, powder to lump ratio, and transportation conditions. The specific details need to be negotiated through actual orders.

Prediction and Analysis of the Future Market Trend of Phosphate Rock

At present, the trading atmosphere in the phosphate ore field is light, and the overall market trend is still weak. There is a strong wait-and-see sentiment. The phosphate ore data analyst of the Business Society believes that in the short term, the domestic phosphate ore market will mainly adjust slightly, and the specific trend needs to pay more attention to changes in supply and demand news.