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Wintrue Holding told investors that phosphate rock prices are likely to stay strong. Limited new Chinese capacity is still under construction, high-grade resources are scarce, and demand is supported by food security policy and new energy materials.
Expectations of tight Chinese phosphate rock supply support raw material prices, which feed into higher costs for phosphate fertilizers and DAP.
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.