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Koch Ag & Energy Solutions completed its acquisition of a 50% stake in Jorf Fertilizer Company III from Morocco's OCP Group on June 30, 2022. The deal creates a 50-50 joint venture for Moroccan phosphate fertiliser production.
The joint venture is a corporate ownership change that may expand Moroccan phosphate fertiliser capacity over time, with no immediate effect on supply or prices.
moroccoworldnews.comsouad-anouarJun 30, 2022After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% over 20.
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.
