In the week of November 9 to 15, phosphorus trichloride rose 1.33% to 7,600 yuan per tonne, yellow phosphorus gained 0.83%, and phosphoric acid rose 0.30%. Monoammonium phosphate rose 1.20% and small-granule urea rose 1.15%, while liquid ammonia fell 4.97%, sulphur fell 3.74% and potash sulphate fell 3.41%.
The moves are small and mixed across phosphate and nitrogen inputs, so they point to only limited near-term pressure on Chinese phosphate fertiliser prices. Lower ammonia and sulphur costs partly offset firmer phosphate prices for producers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.