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An Egyptian Center for Strategic Studies analysis says Morocco has increased phosphate exports for a second year, supported by rising global fertiliser demand. It notes Morocco holds about 70% of world phosphate reserves and has a plan to lift phosphate mining's contribution to the budget to $1.7 billion by 2030.
Morocco's concentrated reserves and expansion plans make it a key swing supplier of phosphate fertilisers, so geopolitical or policy shifts there can move DAP and rock prices.
en.ecss.com.egBassant GamalJan 31, 2023After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.
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.
