# Morocco Rock Phosphate Price Report: Dec 2023 Updates and Analysis -

> Rock phosphate in Morocco averaged US$152.5 per ton in December 2023, down 56% from US$347.5 in November. The price was also 49% below the US$300 per ton recorded in December 2022.

- Date: 2024-01-07 · published 2024-01-07T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/32440-morocco-rock-phosphate-price-report-dec-2023-updates-and-analysis
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

A steep drop in rock phosphate feedstock costs can ease input costs for phosphate fertilizer producers and downstream agricultural buyers, though the decline reflects weak demand and surplus supply.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- fertiliserindia.com: https://fertiliserindia.com/morocco-rock-phosphate-price-report-updates-and-analysis/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
