Yunnan Yuntianhua reported first-three-quarter 2026 revenue of 31.71 billion yuan and net profit of 3.68 billion yuan, down 15.82% and 22.28% year on year. Third-quarter profit fell 62.20% as sulfur purchase prices rose 89.27% year on year, well above the 15.17% rise in phosphate fertilizer selling prices.
Sulfur is a core input for phosphoric acid and monoammonium phosphate, so sharply higher sulfur costs support phosphate prices as producers try to pass costs through. Phosphate feed-mineral costs are likely to firm.
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.