In March 2026, due to the U.S. ban on phosphorus product exports, the Middle East conflict, and speculation by domestic manufacturers, the price of yellow phosphorus fluctuated significantly. With costs staying high and rigid demand being released, the prices of MAP and DAP remained high and stable.
March project developments
- On 2 March, 2026, CJN announced a change in the use of raised funds, with USD100.38 million (RMB695 million) to be invested in its Egypt phosphorus chemical project.
- On 3 March, 2026, the EI report for the phosphate facilities flexible renovation project of Dazhou Wengfu was announced to be approved.
- On 10 Mar., 2026, the 100,000 t/a phosphorus chemical production line operated by Shaanxi Hengrun officially entered the trial production.
- On 11 March, 2026, the EI report for the 300,000 t/a phosphoric acid concentration capacity upgrading project of Phosphate Group was accepted and publicized.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB6.9236, sourced from the People's Bank of China on 2 March, 2026. All the prices mentioned will include the VAT, unless otherwise specified.
If you would like to cover any specific topics or investigate any covered subjects in more details, please contact us on +86-20-37616606, or econtact@cnchemicals.com.
Please purchase to view
Buy Now
Add to cart
