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Chinese phosphate rock prices have risen since 2021, and downstream buyers report procurement difficulty in 2022. Causes cited include capacity closures under the revised safety production law, leading miners withholding sales, and declining grades of reserves.
Tight Chinese phosphate rock supply supports DAP and phosphate fertilizer prices, raising costs for farmers and the feed grain supply chain.
chinastockmarketnews.comChina Stock Market NewsMay 18, 2022Not enough comparable past events yet for a historical read.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
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.
