Phosphate Market Expected to Tighten Due to Slowdown in Hubei Province According to Mosaic




(THE MOSAIC COMPANY) “China is expected to be a key swing factor for phosphate market fundamentals in 2020. Much of the phosphate production in Hubei province has been curtailed or idled due to the coronavirus epidemic. This decline in supply, as well as limited new capacity elsewhere in the world, is expected to contribute to a continued tightening of phosphate market fundamentals”. Read more

CRU Group also provides further insight.

(Posted 31 January 2020) “China is the largest phosphate producer, consumer and exporter of phosphate fertilizers, with Hubei province being the base of the industry”. Read more

By Graham Horn, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=13017287

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