
China's phosphate rock exports rose to 32,000 tons in May 2026, up 189.6% from April, according to customs data released June 21. Hubei and Guizhou resumed exports after earlier suspensions, while high-grade ore supply remains tight.
A rebound in Chinese phosphate rock exports adds some supply relief, but tight high-grade supply and sulphur-constrained production keep phosphate costs firm for feed phosphate and fertilizer buyers.
After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% over 20.
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.