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Chinese phosphate rock prices keep rising as major producers limit external sales and average ore grades decline. Safety inspections in several provinces have cut capacity, and export volumes fell 31.84% year-on-year in April.
Tighter Chinese phosphate rock supply and a wide domestic-to-export price gap support higher global phosphate rock and DAP prices.
fdd-global.comBaichuan YingfuJun 15, 2022Not 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.
