Since late December, the pre-holiday stocking gradually started, and the downstream and traders enquired about more orders, the price of yellow phosphorus rose all the way. In January, about 6 electric furnaces stopped production in Yunnan area, the market supply tends to be tense, the enterprise offer is gradually raised, yellow phosphorus enterprises are reluctant to sell, some enterprises do not take orders at low prices.In mid-January, Yunnan, Sichuan area net phosphorus ex-factory acceptance transaction reference 23,300 yuan / tonne, net phosphorus ex-factory acceptance transaction reference 23,400 yuan / tonne in Guizhou, the province spot is tense, most of the supply of the old customer orders. Starting from the middle to late afternoon, the downstream pre-holiday stocking orders reduced, the market turn light, upstream and downstream supply and demand stalemate game, yellow phosphorus prices remain light and stable.
As the Spring Festival holiday is approaching, yellow phosphorus enterprises' start-up is still expected to be adjusted downward, and some yellow phosphorus enterprises in Yunnan area plan to stop 8 furnaces, so the start-up of yellow phosphorus market in February will slump to the low point of the year, especially during the Spring Festival holiday, and some enterprises will be shutting down their production for overhauling. Producers have been selling at a good price recently, and there is no shipping pressure for the time being, and individual SMEs' inventory capacity is only within 600 tonnes, so it is expected that enterprises planning to maintain production during the Spring Festival will properly clean up and digest yellow phosphorus inventory before the holiday to recycle funds, or there will be some risk of selling at a low price.
It is expected that with the start of the Spring Festival, the next week, provincial steam shipments are suspended one after another, most of the enterprises around the shipment. Downstream enterprises temporarily digest the raw materials in stock mainly, the downstream market wait-and-see atmosphere is strong, the procurement intention is not high, and the procurement pressure is serious, most of the enterprises said that before and after January the appropriate amount of stocking is completed, individual enterprises said that with the use of picking up, a small amount of stocking up, the demand for next week is limited to the market pull.
Yellow phosphorus enterprise plant start-up statistics
