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Morocco rock phosphate averaged US$347.5 per ton in September 2023, roughly flat from US$346.25 in August. The price was up 8.59% from US$320 a year earlier.
The report gives no new driver for the change.
A steady, elevated rock price keeps input costs for phosphate fertilizer high. Buyers should expect no near-term relief from the raw material side.
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.