# FitchRatings: Moroccan Fertilizer Prices to Increase Amid Supply Constraints

> FitchRatings raised its fertiliser price outlook, forecasting Moroccan phosphate rock at $270/t for end-2022, up from $200/t, and $160/t for 2023. Ammonia forecasts were raised to $1,000/t from $850/t, citing high gas prices and supply constraints.

- Date: 2022-09-18 · published 2022-09-18T12:00:00.000Z
- Category: report · region Morocco · magnitude medium
- Page: https://feedsoft.ai/events/39898-fitchratings-moroccan-fertilizer-prices-to-increase-amid-supply-constraints
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

OCP's export limits and higher ammonia costs point to firmer phosphate and nitrogen input prices, raising production costs for feed grains and oilseeds.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +15.3% | +43.6% |
| NATGAS | 2021-12-17 | [Fertilizer Prices Spike and Will Continue Rallying Next Year - News and Statistics - IndexBox](https://feedsoft.ai/events/43921-fertilizer-prices-spike-and-will-continue-rallying-next-year-news-and.md) | -2.0% | +16.1% |
| NATGAS | 2016-10-19 | [US natural gas prices surge amid supply fears \| Gas Processing & LNG](https://feedsoft.ai/events/10117-us-natural-gas-prices-surge-amid-supply-fears-gas-processing-and-lng.md) | -16.1% | -20.2% |
| NATGAS | 2021-10-05 | [International Fertilizer Price September'21 Update -](https://feedsoft.ai/events/44881-international-fertilizer-price-september-21-update.md) | -6.6% | -10.0% |
| NATGAS | 2023-10-08 | [AMIS Fertilizer Outlook- Prices “Mostly Up in September,” While Russia Lifts Ban on Diesel Exports \| Farm Policy News \| Illinois](https://feedsoft.ai/events/33540-amis-fertilizer-outlook-prices-mostly-up-in-september-while-russia-lifts-ban-on.md) | -4.4% | -2.2% |
| UREA | 2020-12-23 | [Fertilizer prices to rise moderately in 2021](https://feedsoft.ai/events/49583-fertilizer-prices-to-rise-moderately-in-2021.md) | +3.0% | +21.5% |
| UREA | 2025-04-30 | [Increased corn acres driving higher fertilizer prices; farmers may see fuel price relief](https://feedsoft.ai/events/4277-increased-corn-acres-driving-higher-fertilizer-prices-farmers-may-see-fuel.md) | +17.4% | +7.7% |
| UREA | 2025-06-26 | [Fitch Ratings Revises Near-Term Fertiliser Price Assumptions](https://feedsoft.ai/events/24534-fitch-ratings-revises-near-term-fertiliser-price-assumptions.md) | +5.4% | +11.3% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2022/09/41443/fitchratings-moroccan-fertilizer-prices-to-increase-amid-supply-constraints/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.