# The price of high-grade phosphate ore has reached a new high, and listed companies are actively building the "mineralization integration" industrial chain

> Chinese high-grade phosphate ore prices reached new highs, and a listed phosphorus chemical company attributed this to shrinking merchant rock supply and rising demand for iron phosphate battery materials. The article notes China holds about 5% of global phosphate reserves.

- Date: 2023-03-15 · published 2023-03-15T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/37188-the-price-of-high-grade-phosphate-ore-has-reached-a-new-high-and-listed
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Stronger Chinese rock prices and diversion of rock to battery materials tighten global phosphate supply, supporting DAP and MAP fertilizer prices.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- ysfrit.com: http://www.ysfrit.com/news/the-price-of-high-grade-phosphate-ore-has-reac-65543188.html

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