In January 2026, the yellow phosphorus price experienced modest increase, MAP and DAP prices remained stable, mainly due to cost rigidity support but limited demand.
January corporate developments
- On 22 January, 2026, the environmental impact report for the 200,000 t/a enriched calcium (enriched calcium superphosphate) production line project of Hubei Sanxia Ecological Fertilizer Co., Ltd. was proposed for approval.
- On 16 January, 2026, Yonfer Agricultural Technology Co., Ltd. announced the full production commencement of all three production lines at its second FePO4 facility.
- On 7 January, 2026, Kunming Chuan Jin Nuo Chemical Co., Ltd. released its 2025 annual performance forecast.
- On 3 January, 2026, the Varsal Chemicals (Tangshan) Co., Ltd.'s 1,200 t/a hypophosphorous acid technology renovation project was completed and passed environmental protection acceptance check.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.0230 (sourced from the People's Bank of China on 5 January, 2026). All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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