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The Morocco rock phosphate price for April 2024 was reported at US$152.5 per ton, unchanged from March and down about 56% from April 2023's US$345 per ton. Prices have been flat from December 2023 through April 2024.
A stable, low phosphate rock benchmark suggests feed-relevant mineral and fertilizer input costs are not adding pressure, though the year-on-year collapse reflects a much cheaper input base.
fertiliserindia.comFertiliserIndia.comMay 5, 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.
