Xinyangfeng said it was optimistic about phosphate and compound fertilizer markets in 2027, citing expected relief from lower sulfur costs and room for sales growth after downstream inventories were depleted in 2026. The company also expects a phosphogypsum-to-sulfuric-acid project, planned to start operating in the third quarter of 2027, to reduce its costs relative to competitors.
Lower sulfur costs could improve fertilizer producers’ margins and support output, while depleted inventories could encourage restocking and lift sales. The net effect on prices is uncertain because lower production costs may also ease supply pressure.
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