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Rock phosphate prices in India, Egypt and Morocco are expected to diverge in July 2026. India is forecast to ease modestly after a stable June, while Egypt is expected to hold steady and Morocco to remain stable after a 2.6% June gain.
The outlook cites normalizing Middle East fertilizer flows after a US-Iran peace memorandum.
Easing Middle East shipments reduce import urgency for India, the largest rock phosphate importer, which weighs on phosphate price expectations. Stable Moroccan and Egyptian prices limit the downside.
chemanalyst.comJane AustenAug 3, 2026Not 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.
