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Benchmark Minerals forecasts that the US and Morocco will be the largest sources of ex-China purified phosphoric acid supply by 2030, together accounting for 36% of ex-China supply. Belgium, Canada and Israel are also named as important suppliers.
The outlook concerns battery-grade phosphate rather than fertilizer.
This battery-chemical supply chain development has little direct effect on agricultural feed or fertilizer prices, so the impact on feed-commodity markets is minimal.
source.benchmarkminerals.comDidi BostockJan 16, 2025Not 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.
