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An Argus podcast discussed Chinese phosphate rock pricing as LFP battery demand grows and phosphate producers compete for phosphoric acid. It also covered rising DAP imports into Southeast Asia from Morocco, Saudi Arabia and Russia after China restricted DAP exports.
Battery-sector demand for phosphate rock and China's export limits are redirecting DAP trade flows, which could firm Southeast Asian DAP prices while tightening Chinese phosphate rock supply.
argusmedia.comMay 22, 2024Not 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.
