China's July phosphate rock imports plunge 87% MoM

China's phosphate rock imports plunged 87% month-on-month to 17.5 kt in July (GACC), with Egypt as the dominant supplier, per OilChem. The sharp contraction pressures near-term supply sentiment. Persistent high sulfur costs are cutting fertilizer output and feedstock buying, curbing import demand. Watch sulfur prices and downstream restart rates for August recovery signals.

According to the data of General Administration of Customs of the People's Republic of China (GACC), China's phosphate rock imports totaled 17.5 kt in July 2026, down 87% month-on-month. Of this, unground phosphate rock accounted for 10.7 kt and ground phosphate rock for 6,842 tonnes. China Phosphate Rock Import Sources,