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Chinese phosphate rock prices are holding firm amid an international phosphate derivatives export ban and domestic environmental curbs. Operating rates have slipped, with Guizhou at 50.5% and Yunnan at 59.1%, while phosphoric acid utilisation stands at 47.05%.
Traditional winter shutdowns from December to March are expected to tighten supply further.
Tight domestic supply of high-magnesium phosphate rock and limited import competitiveness support phosphate fertiliser costs, which feed into feed-phosphate and fertiliser pricing. Prices are expected to stay firm or rise modestly in the short term.
chs.tdd-global.comNov 2, 2026After 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.
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.
