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OCP's revenue for the first nine months of 2023 was 61.035 billion MAD, down 28% year on year, as product prices fell from 2022 highs. Export volumes rebounded strongly in the third quarter, partly offsetting the price decline.
Stronger OCP export volumes and rising phosphate prices in the third quarter point to firmer global phosphate fertilizer supply and pricing, which affects DAP costs for feed producers.
barlamantoday.comAmina ElghoubachiNov 20, 2023Not enough comparable past events yet for a historical read.
Not 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.
