# SunSirs: This Week, the Domestic Phosphate Rock Market was stable and consolidated

> China's domestic 30% grade phosphate rock price was about 1,054 RMB per ton as of December 1, 2023, flat from late November and up 2.93% from November 1. The market was stable and consolidating, with weak downstream phosphorus yellow and phosphoric acid demand offset by tight supply.

- Date: 2023-12-04 · published 2023-12-04T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/33044-sunsirs-this-week-the-domestic-phosphate-rock-market-was-stable-and-consolidated
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Stable Chinese rock prices and tight supply keep raw material costs for phosphate fertilizers firm, with limited near-term downside for DAP and MAP producers.

## Read by commodity

- DAP: neutral

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-15861.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
