China's phosphorus chemical industry quietly warming up

Following the last Friday's effort, the Phosphorus Chemicals "four-carriage" once again rose again yesterday. The Chengxing shares stopped trading in the afternoon and the Xingfa Group rose more than 4%. In the past two trading days, the Chengxing shares rose by more than 15%. Six-country chemical industry also rose by more than 10%, Hubei Yihua also has more than 5% of the performance, in the face of a slightly turbulent disk, they still give power.

According to statistics, in the two most recent trading days, the Chengxing Group had a turnover of 1.027 billion yuan, the Xingfa Group had a turnover of 738 million yuan, the six countries had a chemical turnover of 1.845 billion yuan, and the volume energy was close to the sum of the transactions in the previous two weeks. Hubei Yihua was 877 million. The turnover of the yuan is also significantly larger than before.

“The unilateral upward trend of phosphate rock in China has already been established.” Gao Jun, a researcher in the chemical industry of China National Gold Corporation, said that the global mining of phosphate rock has caused the grade of phosphate rock to decrease year by year, the overall quality of phosphate rock in China is low, and the grade of phosphate rock is Decreasing by 1%, the average need to increase ore flotation consumption of about 0.1-0.2 tons, mining costs and resource taxes and other costs doubled; Phosphate fertilizer industry, the degree of integration of mineral fertilizers year after year makes the export of phosphate rock significantly reduced, is expected after 2014 in China Or there will be a supply gap for phosphate rock.

According to statistics, China's phosphate ore reserves account for 5.7% of the world's total, ranking second in the world, with an average grade of approximately 17%, of which the Grade I phosphate rock (above 30%) accounts for only 16.7%, and the Indian market phosphate rock price 210 USD/ton (68-70% BPL), which is equivalent to domestic 1432 yuan/ton, which is about 1.5 times higher than the Hubei market price. "China's phosphate ore is "rich but not rich," and high-grade phosphate ore is very scarce and there is a huge spread at home and abroad." Jinyuan Securities Chemical Industry Researcher ** told the reporter of the "Public Securities News" that "despite short-term difficulties and international Convergence, but the medium and long-term price increase is a high probability, leading companies in the industry will also benefit."