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A PRNewswire industry report covers China's phosphorus chemical chain for February 2017. Phosphorus ore and yellow phosphorus prices held steady, while calcium hydrophosphate prices fell on higher supply.
Operating rates in the phosphate market were low.
Weak phosphate chemical demand and rising calcium hydrophosphate supply point to soft Chinese phosphate input prices, which can weigh on global phosphate fertilizer pricing.
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.