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Morocco's state phosphate producer OCP reported first-half 2025 revenue of MAD 52.2 billion, up from MAD 43.2 billion, with EBITDA rising to MAD 18.6 billion. Phosphate rock revenues more than doubled, with India and Europe as the main buyers.
Strong company results reflect firm phosphate demand from India and Europe, but corporate earnings do not by themselves move global fertilizer prices.
Not 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.