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Morocco's phosphate exports rose 68% in 2022 to MAD 78 billion ($7 billion) from MAD 46.4 billion a year earlier, the fastest growth of any Moroccan export category. The increase was attributed to higher fertilizer prices, and the Exchange Office data cited show OCP's sales strength.
Tight phosphate supply and high fertilizer prices raise input costs for farmers and lift phosphate fertilizer prices, which can squeeze feed margins over time.
moroccoworldnews.comjihane-rahhouOct 5, 2022After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.
Not 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.
