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Minbos Resources reported on phosphate market conditions, citing a sharp rise in global phosphate fertilizer prices. The company said its Cabinda Phosphate Project economics would benefit as water-soluble phosphate prices increase.
Sharp phosphate price increases reflect tightening fertilizer supply, which supports higher feed phosphate costs. The piece is a junior miner's investor update with limited market impact.
finfeed.comFeb 10, 2021Not enough comparable past events yet for a historical read.
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.
