Since the beginning of this year, the prices of related products in the phosphorus chemical industry chain have continued to rise. According to the survey, the prices of phosphate fertilizer raw materials such as monoammonium phosphate and diammonium phosphate on September 6 were 3345 yuan/ton and 3264 yuan/ton respectively, 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. The price of lithium iron phosphate has risen by about 55% during the year, and the price of lithium hexafluorophosphate, which is one of the electrolyte materials, has risen by about three times during the year.
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 59% compared to the same period last year.
According to analysis, 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 remain tight in the short and medium term. In the long run, iron phosphate supply and demand Will tend to balance.
Source: Chemical Network
