Recently, due to the ban on phosphate fertilizer exports, the price and supply of phosphate rock in China’s market have been affected. As one of the main downstream demands for phosphate rock, the export restrictions on phosphate fertilizers have led to a reduction in demand for phosphate rock, which may cause price fluctuations. In addition, the reduction in demand may lead to an increase in the supply of phosphate rock, which will put downward pressure on prices.
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