Loading…
Moroccan fertilizer producer OCP posted a first-half 2026 group net loss of MAD 2.84 billion (about $293 million), compared with a profit of roughly $852 million a year earlier. Revenue fell 7.3% and EBITDA dropped 28.5% as sulfur prices roughly tripled after Strait of Hormuz disruptions raised phosphate production costs.
Higher sulfur costs push up the cost of producing phosphate fertilizers such as DAP and TSP, which supports fertilizer prices and tightens the cost outlook for feed and crop producers.
laminutearabe.comSep 30, 2026After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
