Listed companies are accelerating their layout in phosphorus ore resources.
Benefiting from the continuous rise in the prices of chemical products, the price of phosphate ore, a key raw material, has continued to operate at a high level. According to data from Baichuan Yingfu, on December 2nd, the average market price of 30% grade phosphate ore in China was 1016 yuan per ton, the average market price of 28% grade phosphate ore was 945 yuan per ton, and the average market price of 25% grade phosphate ore was 758 yuan per ton. Recently, listed companies such as Batian Shares and Xingfa Group have disclosed their latest progress in acquiring phosphate ore resources and integrating production capacity. Many industry insiders interviewed by Securities Times reporters have stated that the overall production capacity of phosphate ore is currently expanding, and the pace of listed companies laying out phosphate ore resources is accelerating significantly. It is worth noting that behind this wave of resource layout frenzy is the industry's judgment that phosphate ore prices will maintain a "tight balance" in the short term. Companies with a complete industry chain layout of "mineralization integration", relying on resource self-sufficiency and cost control advantages, may become the main beneficiaries.
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