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China's phosphate fertilizer market was stable in early 2023 before weakening in the second quarter during the off-season. Market participants expect demand to pick up after July as autumn sales begin, with prices likely to rise.
Expected Chinese phosphate restocking for autumn could lift global DAP and phosphate rock prices, raising fertilizer costs for grain and oilseed producers.
vizda-industrial.comJul 20, 2023Not enough comparable past events yet for a historical read.
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.
