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OCP Group's turnover reached MAD 25.32 billion ($2.50 billion) in the first quarter of 2022, up 77% year on year. The company attributed the gain to strong international phosphate demand and higher prices after the Russia-Ukraine conflict tightened supply.
Higher phosphate prices and rising ammonia and sulfur costs keep fertilizer input costs elevated, which feeds through to grain and feed-ingredient prices.
moroccoworldnews.comSafaa KasraouiMay 17, 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.
