In March 2026, China’s phosphate ore imports reached 182,000 mt, up 88.2% MoM and 144.4% YoY, with an average price of $79.9/mt, down 7.2% MoM.Affected by Strait of Hormuz disruptions, Jordan halted supplies for the first time since September 2023. Imports mainly came from Egypt (170,000 mt) and Pakistan (12,000 mt), through Guangxi, Hubei and Fujian.

Chuanjinnuo announced that its wholly-owned subsidiary Guangxi Chuanjinnuo New Energy Co plans to acquire 100% equity of Yingkou Chuanxinnuo High-tech Co. The total transaction price is temporarily estimated at 75 million yuan.