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On November 12, 2026, Phosphate Capital Co. held its fourth 2026 phosphate rock competitive sale covering four lots totaling about 61,913 tonnes. Three lots sold for roughly 41,913 tonnes and about 37.0 million yuan in total, while one lot received no bids.
Winning prices ranged from 601 to 1,416 yuan per tonne depending on grade and lot.
Phosphate rock is the feedstock for DAP and TSP fertilizers, so sold volumes and per-tonne prices give a read on domestic Chinese phosphate supply costs. Unsold lots and a wide price spread point to uneven demand, which is only a weak signal for global phosphate fertilizer prices and little direct effect on feed commodities.
news.smm.cnNov 13, 2026Not 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.
