# Morocco's phosphates cache eases Africa's food crisis

> A Middle East Institute report warns that Morocco's role in supplying phosphate fertilizer to Africa is at risk from high energy prices and climate change. Morocco holds about 75% of the world's phosphate rock reserves, and its state miner OCP held a 54% share of fertilizer exports to Africa in 2020.

- Date: 2022-02-02 · published 2022-02-02T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/43012-morocco-s-phosphates-cache-eases-africa-s-food-crisis
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Morocco's dominant position in phosphate supply means any energy-cost or climate disruption there can tighten global phosphate supply and support fertilizer prices.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- dw.com: https://www.dw.com/en/moroccos-phosphates-cache-eases-africas-food-crisis/a-60635396

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.