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Morocco rock phosphate spot price for August 2022 was US$320 per tonne, unchanged from July. The price was 234% above the August 2021 level of $136.88.
A flat monthly price signals that phosphate costs have plateaued at historically high levels, so fertilizer input costs for crop producers are not easing.
fertiliserindia.comFertiliserIndia.comSep 7, 2022Not 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.
