In August 2026, yellow phosphorus prices rose in early August on supply tightness, then edged lower in late August on weak demand—though the pullback was smaller than the prior gains, leaving the overall price center higher than July. MAP and DAP markets continued to diverge. MAP remained weak, extending its downtrend from July, with the price center edging lower. DAP was relatively firm, though soft demand kept actual transactions negotiable.
August corporate developments
On 25 August, 2026, the completion environmental protection acceptance monitoring report for Hubei Yihua Songzi Fertilizer Co., Ltd.'s 1,800,000 t/a phosphogypsum harmless purification project was publicised.
On 18 August, 2026, the EI report for Yunnan Linzhe Technology Co., Ltd.'s wet fertiliser-grade dicalcium phosphate to dry fertiliser-grade dicalcium phosphate quality improvement project was announced to be approved.
On 12 August, 2026, Tinergy Chemical Co., Ltd. announced that its wholly owned subsidiary, Gansu Dongfang Titanium Industry Co., Ltd., will invest in and build a 600,000 t/a FePO4 project—serving as a precursor for LFP and NFP battery materials.
On 8 August, 2026, the completion environmental protection acceptance monitoring report for Wengfu Dazhou Chemical Co., Ltd.'s 20,000 t/a APP pilot production plant project (5,000 t/a APP pilot production line) was publicised.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB6.7898 on 3 August, 2026, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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