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The Morocco rock phosphate price for March 2024 was reported at US$152.5 per ton, unchanged from February 2024. That level is about 56% below the March 2023 price of US$345 per ton.
Flat rock phosphate prices after a steep year-on-year decline point to a stable input cost for phosphate fertilizer producers, with little near-term upward pressure on feed-related phosphate costs.
fertiliserindia.comFertiliserIndia.comApr 9, 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.
