# SunSirs: After the Holiday, the Phosphate Rock Market as a Whole Is in a Weak and Declining Trend (May 4-9)

> SunSirs reported that the China reference price for 30% grade phosphate rock was about 1,070 RMB/ton on May 9, 2023, down 20 RMB/ton from May 1. Prices weakened after the Labor Day holiday as downstream yellow phosphorus demand and operating rates stayed low. Some Chinese miners cut mid to high-grade prices by 20 to 40 RMB/ton.

- Date: 2023-05-09 · published 2023-05-09T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/36283-sunsirs-after-the-holiday-the-phosphate-rock-market-as-a-whole-is-in-a-weak-and
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Weak domestic demand and falling Chinese phosphate rock prices suggest continued softness in raw phosphate input costs.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-12456.html

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