# OCP Records Turnover of $5.29 Billion in First Half of 2022

> OCP reported a turnover of about MAD 56.02 billion ($5.29 billion) for the first half of 2022, a 72% increase from 2021. Second-quarter turnover reached MAD 30.69 billion, up 69% year on year. The company credited good market conditions and higher fertilizer prices.

- Date: 2022-09-06 · published 2022-09-06T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/39916-ocp-records-turnover-of-5-29-billion-in-first-half-of-2022
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Strong OCP earnings reflect elevated fertilizer prices, which keep phosphate input costs high for feed grain and oilseed producers.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2022/09/41865/ocp-records-turnover-of-5-29-billion-in-first-half-of-2022/

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