The invention discloses a quantum conference key negotiation method and system. The system comprises a sending end and a detection end, the sending end comprises a continuous laser, an intensity modulator, a phase modulator and a signal attenuator. The detection end comprises a beam splitter and a detector; the method comprises the steps of preparation, measurement, coordination, parameter estimation and post-processing. The sending ends respectively select measurement basis vectors and generate phase random optical pulses; the detection end randomly selects a basis vector measurement pulse pair, judges a quantum state according to a pulse response received by the detector, obtains a corresponding logic bit value according to the quantum state, and under the condition that the three parties select a Z basis vector, corresponding data is used for extracting a secret key, and other conditions are used for estimating data leakage. According to the method, the limitation of the code forming rate and the transmission distance in a relay-free quantum conference key negotiation protocol is broken through, the key transmission code forming rate and the propagation distance are improved, and unconditional security three-party quantum conference key negotiation can be realized.