# Phosphate: An old workhorse turned critical commodity

> Phosphate is described as having become a critical commodity because of Strait of Hormuz disruptions, which affect about 30% of global fertilizer exports, and higher sulfur prices that raise phosphate processing costs. China has reportedly told major phosphate producers to suspend exports, which removes a large share of supply, since China accounts for about 40% of global phosphate production.

- Date: 2026-10-05 · published 2026-10-05T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/17373-phosphate-an-old-workhorse-turned-critical-commodity
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

China's export suspension combined with higher sulfur costs tightens global phosphate supply and supports DAP and rock prices. Feed buyers relying on phosphate supplements should expect firm pricing.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2024-01-15 | [Urea, Phosphate Prices Rise on Tight Availability \| CZ app](https://feedsoft.ai/events/32051-urea-phosphate-prices-rise-on-tight-availability-cz-app.md) | +0.8% | -1.3% |
| DAP | 2022-03-17 | [The Russo-Ukraine crisis driving up demand for Moroccan phosphate around the world](https://feedsoft.ai/events/42579-the-russo-ukraine-crisis-driving-up-demand-for-moroccan-phosphate-around-the.md) | +1.6% | -0.5% |
| DAP | 2023-08-09 | [Global monoammonium phosphate prices continue to rise](https://feedsoft.ai/events/34890-global-monoammonium-phosphate-prices-continue-to-rise.md) | +0.7% | -0.0% |
| DAP | 2020-05-06 | [Morocco Remains World’s Largest Exporter of Phosphate, Phosphoric Acid](https://feedsoft.ai/events/53455-morocco-remains-world-s-largest-exporter-of-phosphate-phosphoric-acid.md) | +0.2% | +1.3% |
| DAP | 2021-03-11 | [Phosphate fertilizers \| United States International Trade Commission](https://feedsoft.ai/events/48048-phosphate-fertilizers-united-states-international-trade-commission.md) | -0.6% | +1.1% |

## Sources

- businessnews.com.au: https://www.businessnews.com.au/article/Phosphate-An-old-workhorse-turned-critical-commodity

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.