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China's phosphate rock prices held at highs during the National Day holiday as major miners showed firm price support. Seasonal mining restrictions are expected to tighten supply from key southern producing regions around the National Day and New Year holidays.
Expected seasonal supply cuts from southern China keep phosphate rock prices elevated, which raises input costs for phosphate fertilizers.
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.