SMM December 22 News:
Highlights: In November 2025, China's total phosphate ore imports decreased by 4.0% MoM to 192,000 mt, while the total import value fell by 1.5% MoM. The comprehensive national import average price increased by 2.6% MoM. China's phosphoric acid exports surged by 65.7% MoM to 48,000 mt, though the export average price continued to decline, dropping 3.4% MoM to $969.8/mt. Imports by Thailand rose by 18.9% MoM, making it the largest export destination for the month.
In November 2025, China's phosphate ore imports decreased by 4.0% MoM to 192,000 mt, down from 200,000 mt in October. The import value fell by 1.5% MoM to $16.537 million from $16.784 million. Egypt remained the largest import source, accounting for 88% of China's total imports, while Jordan's share dropped to 7% from 41% in October. Exports were virtually zero in October and remained nil in November. Regarding phosphoric acid, exports dominated, reaching 48,000 mt in November.
I. Phosphate Ore Import and Export: Imports decreased by 1.5% MoM, with no exports.
1. Phosphate Ore Imports: China's traditional major import sources for phosphate ore are Egypt, Peru, and Jordan, with primary importing provinces including Guangxi and Hubei. Major importing enterprises are coastal phosphorus chemical companies such as Sichuan Jinlang. In November, the main import sources remained the same as in October: Egypt and Jordan. Almost all imports were to Guangxi, accounting for over 90% of the total.
The major phosphate ore importing provinces, Hubei and Yunnan, along with other regions, saw Beijing import 55,000 mt in November. Imports to Guangxi were 67,000 mt, similar to the level in September but significantly lower than the 188,000 mt recorded in October, representing a decrease of 64.5% MoM.
November's phosphate ore import situation presented an opposite trend compared to October's volume increase and price decrease, showing a volume decrease and price increase. While the unit price from Jordan decreased by 1.3%, unit prices from Egypt and Pakistan increased by 3.9% and 17.1%, respectively, leading to an overall unit price increase of 2.6%. Total import volume decreased by 4.0% to 192,000 mt, and the unit price increased by 2.2 yuan/mt to 862,000 yuan/mt.
Egypt: As the largest supplier, imports increased by 45.7% MoM to 168,000 mt from 116,000 mt in October, accounting for 88% of total imports in November and reaching the highest monthly import volume (January-November) for the year. The price decreased to $86.4/mt from $83.2/mt in October, an increase of 3.9%.
Peru: As the largest supplier in July (49,000 mt), imports remained at zero for four consecutive months from August to November.
Jordan: After recovering to the July level of 54,000 mt in September, imports rose to 81,000 mt in October before shrinking to 15,000 mt in November; the unit price fell by 1.3%.
2. Phosphate Ore Export Situation: No exports in November.
Regarding national phosphate ore exports, after three consecutive increases from 10,600 mt in July, to 11,000 mt in August, and 15,000 mt in September, exports in October were less than 1 mt, and there were no exports in November.
II. Phosphoric Acid Import and Export: Exports Dominate
Regarding phosphoric acid imports and exports, the focus is primarily on exports, with very few imports.
Phosphoric acid exports increased by 65.78% MoM to 48,000 mt in November, up from 29,000 mt in October and 23,000 mt in September. The unit price declined sequentially from $1,025.5/mt in September to $1,003.5/mt in October, and further to $969.8/mt in November, a decrease of 3.4% MoM.
China's main export destinations for phosphoric acid are regions such as Indonesia, Japan, and South Korea. In October and November, the primary export destination was Thailand, with imports increasing by 18.9% MoM to 10,000 mt from 8,000 mt. Turkey saw the largest increase in phosphoric acid imports from China, surging by 6590.3% to 7,000 mt, making it the second-largest importing country.
**Note:** For further details or inquiries regarding solid-state battery or phosphate chemicals development, please contact:
Phone: 021-20707860 (or WeChat: 13585549799)
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