Loading…
Togo's phosphate production rose 5.9% in 2022 to 1.54 million tonnes, and sales rose 14% to 1.58 million tonnes, per the BCEAO. Growth was driven by a 116% rise in global raw phosphate prices over 2022.
The article reports past output and sales from a small producer, describing a price rally that has already occurred, so it adds little new supply or demand signal for current phosphate prices.
togofirst.comTogo FirstJun 10, 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.
