Fertilizer Daily Global published its September 20 phosphate fertilizer daily review on September 21, saying weaker raw materials and sluggish demand weighed on Chinese phosphate markets.
The 55 percent powdered MAP index held at 4,056.25 yuan per tonne unchanged in the open table, while 55 percent granular MAP was quoted at 4,300 yuan.
64 percent granular DAP held at 4,563.33 yuan unchanged, and 57 percent DAP fell 1.83 percent to 4,466.36 yuan, keeping finished fertilizer prices soft relative to earlier-year highs.
Zhenjiang granular sulphur was 7,150 yuan per tonne down 50, Dafeng granular sulphur was 7,130 yuan down 50, and East China liquid sulphur was 7,325 yuan down 70 in the same release.
The sulphur cuts align with Longzhong's September 20 Zhenjiang port granular at 7,200 yuan and with Shengyishe's flat September 21 national benchmark at 7,669 yuan.
SMM's mid-September weekly reviews described inverted MAP and DAP margins with autumn fertilizer procurement lagging, a demand backdrop FDD's September 20 table reinforces.
BC Insight's September 19 Harrisson update cited phosphate cuts at OCP, Mosaic, and Chinese producers as part of the global sulphur deficit narrative, linking fertilizer run rates to elemental sulphur demand.
BC Insight Price Trends the same day kept North American FOB sulphur steady at 1,100 to 1,200 dollars per tonne while describing bearish buyer sentiment against stubborn spot levels.
Middle East FOB sulphur averaged 855 dollars per tonne flat in SMM's week-ending September 18 review while CFR India was cut to an average near 1,050 dollars per tonne.
For Alberta recovered sulfur, weaker Chinese phosphate and sulphur raw material lines do not automatically pull Vancouver FOB below 1,100 dollars when Pacific sales confirm the upper band.
SMM's August customs release listed Canada among China's sulfur import origins even as domestic sulphur prices fall, keeping import parity in the conversation.
AER ST3 July 2026 closing inventory at 11.11 million tonnes shows Alberta still holds a deep stockpile when Chinese fertilizer demand softens.
Desk read: FDD 20 September is a raw-materials-down print inside flat MAP indices. Watch whether 7,150 to 7,325 yuan sulphur pulls Shengyishe's 7,669 yuan benchmark lower in the next sessions.