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The weekly phosphate market review for October 27 shows a continued weak trend with falling costs. Prices changed little in eastern China, and small price cuts were made in Hubei province.
Sulfur costs remain high.
Weak regional prices and falling raw material costs point to continued softness in DAP and phosphate fertilizer prices. This is routine market commentary.
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.