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The price of Morocco Rock Phosphate for June 2023 was US$344.5 per ton, nearly unchanged from the previous month. That level was 19.8% above the US$287.5 per ton recorded in June 2022.
Stable phosphate rock prices that are well above year-ago levels keep the cost of phosphate-based feed supplements such as DAP elevated for feed formulators. Persistent firmness points to no near-term relief on phosphate input costs.
fertiliserindia.comFertiliserIndia.comJul 8, 2023Not 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.
