# State-owned fertiliser giant OCP rethinks market strategy after Gulf crisis  | Article | Africa Confidential

> Moroccan state-owned phosphate group OCP raised US$1.5 billion through its first international hybrid bond to expand production amid the Gulf crisis. The company is also lobbying EU officials to soften fertilizer rules ahead of a European Commission action plan on fertilizers.

- Date: 2026-04-20 · published 2026-04-20T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/20046-state-owned-fertiliser-giant-ocp-rethinks-market-strategy-after-gulf-crisis
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

OCP's push to expand output and capture European and US demand reflects tight phosphate and sulphur markets, though new capacity will take time to affect supply. Sulphur prices up about 35% since the conflict began add cost pressure to phosphate fertilizers.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- africa-confidential.com: https://www.africa-confidential.com/article/id/15973/state-owned-fertiliser-giant-ocp-rethinks-market-strategy-after-gulf-crisis

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.