# The gold rush for Morocco's phosphate in the Ukraine war aftermath | Middle East Eye

> Morocco's state-owned OCP group has benefited strongly from the Ukraine war, with Q1 2022 turnover up 77% year on year to €2.4bn. Importers have shifted toward Moroccan phosphate as Russian and Chinese supply has shrunk.

- Date: 2022-08-03 · published 2022-08-03T12:00:00.000Z
- Category: geopolitics · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/40363-the-gold-rush-for-morocco-s-phosphate-in-the-ukraine-war-aftermath-middle-east
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Supply shifts away from Russia and China keep phosphate rock and fertiliser prices elevated, tightening availability for buyers who depend on phosphate inputs.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- middleeasteye.net: https://www.middleeasteye.net/news/morocco-gold-rush-fertilisers-war-ukraine

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