Phosphate ore prices are running at high levels, and the integration of the industrial chain layout is accelerating.

Phosphate ore is at the upstream of the phosphate chemical industry. Since the beginning of this year, the supply and demand relationship of phosphate ore has always been in a tight balance. According to the monitoring data of Baichuan Yingfu, on December 9th, the price of phosphate ore remained stable at a high level. The price of 30% grade phosphate ore was 1016 yuan per ton, the price of 28% grade phosphate ore was 945 yuan per ton, and the price of 25% grade phosphate ore was 758 yuan per ton. In the long run, the industry generally believes that the rigid demand for downstream phosphate fertilizer and the incremental demand for lithium iron phosphate will jointly support the price of phosphate ore. At the same time, influenced by factors such as environmental protection policies, the supply and demand pattern of phosphate ore may still maintain a tight balance in the future. Recently, many listed companies have been active in the field of phosphate ore resources, mainly focusing on capacity expansion or the integration and extension of the industrial chain.