# SunSirs: In September, the Overall Phosphate Rock Market Rose (September 1-26)

> Chinese reference prices for 30% grade phosphate rock rose to around 970 RMB/ton as of September 26, up 12% from 866 RMB/ton on September 1. Mid to high-end grades tightened as mine supply stayed limited while downstream restocking increased.

- Date: 2023-09-27 · published 2023-09-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/34430-sunsirs-in-september-the-overall-phosphate-rock-market-rose-september-1-26
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Phosphate rock is the feedstock for phosphoric acid and DAP/MAP fertilizers, so a firmer rock price points to higher phosphate fertilizer costs for crop producers, with knock-on effects on grain and feed input costs.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-14870.html

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