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US company Innophos resumed buying phosphates from Western Sahara in 2021, after halting such imports in 2018. The report cites NGO Western Sahara Resource Watch.
Resumed purchases by a single buyer add modestly to phosphate rock demand and do not change the overall supply balance.
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.