# SunSirs: The Phosphate Rock Market Slightly Weakened This Week (August 6-10)

> SunSirs reported China's 30% grade phosphate rock reference price at 856 RMB/ton on August 10, down 12 RMB from August 6. Weak downstream demand and limited new orders led some Chinese miners to trim prices by 10-20 RMB per ton that week.

- Date: 2023-08-11 · published 2023-08-11T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/34916-sunsirs-the-phosphate-rock-market-slightly-weakened-this-week-august-6-10
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Softer Chinese phosphate rock prices point to weaker raw material costs for phosphate fertilizer makers, though the impact on global feed-related prices is small.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-14073.html

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