Loading…
An Africa Report feature examines how OCP was hit by the Hormuz crisis, which exposed its reliance on imported sulphur and ammonia. The reopening of Hormuz traffic has eased fertilizer market pressure.
OCP's rich rock reserves did not protect it from input shortages.
Reopening Hormuz traffic eases sulfur and ammonia supply concerns, which is mildly bearish for phosphate and nitrogen input costs.
theafricareport.comJul 6, 2026After 126 past geopolitics events, DAP moved a median 0.0% over 5 sessions (48% higher; middle half -0.7% to +1.2%), and +0.2% over 20.
After 11 past neutral geopolitics events, Urea moved a median +0.4% over 5 sessions (64% higher; middle half -1.0% to +5.9%), and +7.8% over 20.
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.
