# Morocco phosphate sector remains stable as global fertilizer costs rise

> Fitch raised 2026 forecasts for ammonia to about $375/t and urea to about $420/t because of Hormuz-related energy disruption. It expects phosphate rock near $150/t FOB Morocco and DAP near $650/t, supported by sulfur costs.

- Date: 2026-03-17 · published 2026-03-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/20476-morocco-phosphate-sector-remains-stable-as-global-fertilizer-costs-rise
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Higher nitrogen and DAP forecasts raise feed-phosphate and fertilizer costs, while stable phosphate rock signals limited upside for raw phosphate supply from Morocco.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- PHOSROCK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-03-16 | [Morocco’s Phosphate Sector Holds Steady](https://feedsoft.ai/events/20473-morocco-s-phosphate-sector-holds-steady.md) | +3.2% | +17.0% |
| UREA | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | -18.1% | -19.0% |
| UREA | 2026-03-18 | [Morocco’s phosphate supply draws attention as fertilizer prices shift  - Milling Middle East & Africa Magazine - No.1 Grains Industry Magazine & Website for Africa & the Middle East](https://feedsoft.ai/events/20475-morocco-s-phosphate-supply-draws-attention-as-fertilizer-prices-shift-milling.md) | +2.0% | +18.0% |
| UREA | 2024-09-27 | [Global fertilizer demand begins its recovery after a rocky two years \| GPCA](https://feedsoft.ai/events/28225-global-fertilizer-demand-begins-its-recovery-after-a-rocky-two-years-gpca.md) | +5.8% | +4.8% |
| UREA | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.3% | -11.2% |
| DAP | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | -7.9% | -10.0% |
| DAP | 2024-09-27 | [Global fertilizer demand begins its recovery after a rocky two years \| GPCA](https://feedsoft.ai/events/28225-global-fertilizer-demand-begins-its-recovery-after-a-rocky-two-years-gpca.md) | -0.2% | +1.1% |
| DAP | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.5% | +1.7% |

## Sources

- en.walaw.press: https://en.walaw.press/articles/morocco_phosphate_sector_remains_stable_as_global_fertilizer_costs_rise/GQSXGFGGXPPM

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