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The price of 55% powdered monoammonium phosphate in Hubei rose to 1880-1900 yuan per ton, and Sichuan producers raised prices by 100 yuan over two weeks. Rising phosphate rock and sulfur costs are cited as the drivers.
Higher raw material costs for phosphate rock and sulfur push up the cost of phosphate fertilizers, supporting prices for DAP and related products.
echemi.comOct 26, 2020Not 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.
