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Vertex highlights a Mining Engineering Magazine article on US phosphate rock. It reports 2023 US output of about 19.5 Mt, no US rock exports, and 2.59 Mt of imports mainly from Peru.
The article is largely background on US phosphate supply and offers no new price signal for feed buyers.
vertexeng.comThe AuthorJul 26, 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.
