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A Persistence Market Research report estimates the feed phosphate market at about $1.5 billion in 2018, growing over 4% annually through 2028, led by poultry demand. Prices rose through 2018 partly due to reduced Chinese production.
Growing feed phosphate demand and reduced Chinese supply support higher prices for feed-grade phosphate used in animal diets.
Not 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.