# Phosphate fertilizer export quotas still not issued: monoammonium phosphate losing 1,264 yuan/ton, winter storage waits on Wuhan

> China has still not issued export quotas for monoammonium phosphate (MAP), so exports remain tightly controlled and product must be sold domestically. Industry estimates put average theoretical MAP margins at about minus 1,264 yuan/ton in the first three quarters, with DAP around minus 1,747 yuan/ton. Plant operating rates have fallen to multi-year lows as producers cut output, while sulfur and sulfuric acid costs have eased and phosphate rock prices have held steady.

- Date: 2026-11-05 · published 2026-11-05T21:10:09.451Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/82434-phosphate-fertilizer-export-quotas-still-not-issued-monoammonium-phosphate
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Export quota delays and losses are forcing phosphate output cuts, tightening global phosphate supply and supporting fertilizer prices, while phosphate rock is becoming a larger share of costs and so a bigger point of contention for buyers.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-07-15 | [China issues phosphate quotas to rein in fertiliser exports - analysts \| Reuters](https://feedsoft.ai/events/40413-china-issues-phosphate-quotas-to-rein-in-fertiliser-exports-analysts-reuters.md) | +0.6% | -5.7% |
| DAP | 2026-10-21 | [China's phosphate rock market is affected by the ban on phosphate fertilizer exports, affecting both prices and supply](https://feedsoft.ai/events/684-china-s-phosphate-rock-market-is-affected-by-the-ban-on-phosphate-fertilizer.md) | 0.0% | — |
| DAP | 2026-07-29 | [China extends phosphate export curbs through August 2026 as Russia holds fertilizer quotas](https://feedsoft.ai/events/18268-china-extends-phosphate-export-curbs-through-august-2026-as-russia-holds.md) | +1.6% | +1.6% |
| DAP | 2026-01-06 | [Phosphate fertilizer prices expected to stay high in 2026 as China export limits persist - Brownfield Ag News](https://feedsoft.ai/events/20977-phosphate-fertilizer-prices-expected-to-stay-high-in-2026-as-china-export.md) | 0.0% | -0.4% |
| DAP | 2026-10-19 | [China's Phosphate Fertilizer Exports Collapse, Squeezing Global Supply](https://feedsoft.ai/events/17363-china-s-phosphate-fertilizer-exports-collapse-squeezing-global-supply.md) | 0.0% | — |

## Sources

- yizecheng.cn: https://www.yizecheng.cn/phosphate-fertilizer-export-quota-winter-stocking-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
