# OCP’S Sales of Phosphates Decrease by 28%, with Revenues of 61.035 Bln MAD in 2023 Q3

> 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.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/33487-ocp-s-sales-of-phosphates-decrease-by-28-with-revenues-of-61-035-bln-mad-in
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

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.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- barlamantoday.com: https://barlamantoday.com/2023/11/20/ocps-sales-of-phosphates-decrease-by-28-with-revenues-of-61-035-bln-mad-in-2023-q3/

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