Loading…
OCP Group announced third-quarter 2023 results on November 20, showing a significant rebound in profitability. Revenue was MAD 61.0 billion and EBITDA MAD 17.2 billion, and the company credited improved phosphate prices and demand in key importing regions.
The report confirms that phosphate prices are recovering on lower Chinese exports and stronger import demand, supporting firmer DAP and TSP values.
moroccotimes.tvMorocco TimesNov 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.
