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Morocco rock phosphate spot price for May 2022 averaged US$255 per ton, up 2.2% from April's US$249.5 and roughly 249% above May 2021. The figure is a monthly benchmark reported by a fertiliser publication.
Rock phosphate is the feedstock for DAP and other phosphate fertilisers, so a rising input price supports higher phosphate fertiliser costs for feed-grain and oilseed growers.
fertiliserindia.comFertiliserIndia.comJun 6, 2022Not 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.
