Phosphate ore supply and demand remains tight or continuous, and the performance of integrated companies in the industry chain can be expected.

Since the beginning of this year, the domestic phosphate ore market has continued to be in a tight supply and demand situation. According to Baichuan Yingfu News, as of May 14th this year, the average price of 30% grade phosphate ore in China was 1020 yuan per ton, with a increase of 0.2% since the beginning of the year and a year-on-year increase of 1.09%. "With the rapid growth of downstream demand in industries such as new energy and water-saving agriculture, the market demand for phosphate ore is expanding rapidly. In order to optimize cost structure, in recent years, many phosphate chemical companies have been actively expanding upstream in the industry chain, seeking phosphate ore resources to establish integrated industrial layout from upstream phosphate ore production to downstream high-purity phosphate chemical industry development to better support performance growth," said a relevant person in a listed phosphate chemical company to Shanghai Securities News recently. Guosen Securities stated in a recent research report that the prosperity of the phosphate chemical industry depends on the prosperity of phosphate ore prices, and it is optimistic about maintaining a relatively high level of long-term phosphate ore prices.