OCP Group, the Moroccan phosphate producer, reported a sharp rise in 2024 investment to 43.6 billion dirhams and revenue of about 97 billion dirhams. Fertilizer exports to Brazil and India drove growth, with triple superphosphate sales up 48% while phosphate rock sales fell 35%.
Strong OCP export volumes into Brazil and India signal firm global demand for phosphate fertilizers, supporting DAP and TSP prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.