China's phosphate rock output fell 4.03% year on year to 91.647 million tonnes in January to September 2026, a drop of 3.853 million tonnes. Many mines in Hubei, Sichuan, Guizhou and northern regions have halted or cut output due to safety and environmental inspections.
Downstream phosphate fertilizer and phosphate plants are running at only 30-40% of capacity.
Tighter domestic supply from inspection-driven mine closures is offset by weak fertilizer demand, leaving phosphate rock prices flat to slightly weak. Price direction for phosphate inputs depends on whether supply cuts persist or demand recovers.
Not enough comparable past events yet for a historical read.
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