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Morocco rock phosphate spot price averaged US$178.75 per ton in March 2022, up 3.62% from February's US$172.5. The price is 186% above March 2021's US$96.25.
Rising phosphate rock costs raise the input cost of phosphate fertilizers and feed phosphates, supporting higher prices across the phosphate complex.
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.