From January to October 2025, China's phosphate rock production (converted to 30% P₂O₅ content) reached 102 million tons, representing a year-on-year increase of 9.4%. PriceSeek's analysis of phosphate rock assigns a bearish score of -1. The article notes that phosphate rock production from January to October 2025 reached 102 million tons, with a year-on-year growth of 9.4%. The significant increase in output indicates an improvement in supply, which may lead to market oversupply and exert downward pressure on spot prices. Considering the moderate magnitude of growth, the score is set at -1 (generally bearish), with expectations that spot prices may face downward pressure.