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OCP reported first-quarter 2026 revenue of MAD 20 billion, down slightly from MAD 21.59 billion a year earlier. The company cited a weaker US dollar and lower phosphoric acid and fertilizer volumes.
Gross profit was MAD 11.9 billion and EBITDA MAD 5.6 billion, with sulfur stocks secured ahead of the price spike.
The results show OCP is maintaining margins and supply despite the sulfur shock, so it is not an immediate new supply cut. The impact on phosphate prices is limited.
moroccoworldnews.comSafaa KasraouiMay 27, 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.
