Loading…
China's 30% grade phosphate rock averaged about 403 RMB/ton on January 12, up slightly from 396 RMB/ton on January 1 and 393 RMB/ton on December 1. Market activity is subdued ahead of the Spring Festival as downstream operating rates weaken.
Stable to slightly firmer Chinese phosphate rock prices add little new upward pressure on global phosphate fertilizer costs in the near term.
sunsirs.comJan 13, 2021Not 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.
