# OCP Increases Its Turnover by 4% To Reach $6.20 Billion

> OCP Group reported 2020 turnover of MAD 56.128 billion ($6.20 billion), up 4% year on year, driven by higher fertilizer and phosphate rock exports. Phosphate rock turnover fell 2% on lower prices and a less favorable product mix. The group kept a strict cost-management strategy in place.

- Date: 2021-03-25 · published 2021-03-25T12:00:00.000Z
- Category: report · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/48448-ocp-increases-its-turnover-by-4-to-reach-6-20-billion
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Higher OCP export volumes to Europe and Latin America add to phosphate supply in those markets, while lower rock prices point to softer raw-material costs for fertilizer makers.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2021/03/60526/ocp-increases-its-turnover-by-4-to-reach-6-20-billion/

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