SunSirs--China Commodity Data Group

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SunSirs: Phosphate Rock Market Weekly Report (3.27-3.31)

April 03 2023 09:10:34     

On March 31, the benchmark price of phosphate rock in SunSirs was 1118.00 RMB/ton, an increase of 4.10% compared with the beginning of this month (1074.00 RMB/ton).

This week, the domestic phosphate rock market as a whole rose slightly. The weather gradually warmed up in March, and the spring planting season came. The downstream demand for phosphate rock gradually recovered. The boost in downstream demand strengthened the support for phosphate rock, and the supply of phosphate rock continued. The tightness is the main factor, and both supply and demand will drive the overall strong operation of the phosphate rock market.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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