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A feature article says phosphate rock reserves are under growing strain from rising fertilizer demand, population growth and changing diets. It also notes that phosphorus runoff is driving tighter environmental management pressure.
Long-run scarcity concerns support phosphate rock and phosphate fertilizer prices, but the piece describes no new supply event that would move prices in the near term.
feeco.comCarrie CarlsonJul 28, 2021Not 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.
