# SunSirs: In 2022, the Phosphate Rock Market Rose Sharply and Ended with an Annual Increase of More Than 53%-Ⅰ

> SunSirs reports that the reference price of 30% grade phosphate rock in mainstream Chinese areas rose 366 RMB per ton, or 53.04%, over 2022, ending near 1,056 RMB per ton. Chinese supply tightened as medium- and high-grade reserves declined and mining grew harder under environmental rules. January to November 2022 output was 95.04 million tons, up 2.3% year on year.

- Date: 2023-01-19 · published 2023-01-19T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/38128-sunsirs-in-2022-the-phosphate-rock-market-rose-sharply-and-ended-with-an-annual
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Tighter Chinese supply of medium- and high-grade rock keeps phosphate costs high for fertiliser makers, which feeds through to crop input prices.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-10665.html

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