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The June 2024 Morocco rock phosphate price was set at US$152.5 per ton, a 56% decline from US$345 per ton in June 2023. The release describes a stable market since December 2023.
Lower rock phosphate costs reduce input costs for phosphate fertilizer and feed phosphate producers, though the figure is a monthly benchmark rather than a new shock.
fertiliserindia.comFertiliserIndia.comJul 6, 2024Not 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.
