# UNITED STATES/MOROCCO • The US finds against OCP in preliminary "subsidies" report - 03/12/2020 - Africa Intelligence

> The US Department of Commerce issued preliminary findings in its investigation into alleged subsidies received by Morocco's OCP, the state phosphate producer. The agency identified four particularly contentious issues and five more it intends to study before reaching a final decision.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/49959-united-states-morocco-the-us-finds-against-ocp-in-preliminary-subsidies-report
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

A preliminary countervailing duty finding against OCP could raise duties on Moroccan phosphate imports into the US, tightening supply and supporting DAP and phosphate fertilizer prices.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-07-23 | [UNITED STATES/MOROCCO • Fertilisers: Mosaic calls in Trump camp lobbyists and lawyers to back its offensive against OCP - 23/07/2020 - Africa Intelligence](https://feedsoft.ai/events/52433-united-states-morocco-fertilisers-mosaic-calls-in-trump-camp-lobbyists-and.md) | +2.0% | +11.9% |
| DAP | 2021-01-19 | [Import Duties Against Moroccan Phosphate Imports Threaten US Farmers’ Access to Key Fertilizers – Phosphate Price](https://feedsoft.ai/events/49463-import-duties-against-moroccan-phosphate-imports-threaten-us-farmers-access-to.md) | +3.4% | +36.5% |
| DAP | 2020-12-29 | [Federal Register
       :: 
      Phosphate Fertilizers From the Kingdom of Morocco: Amended Preliminary Determination of Countervailing Duty Investigation](https://feedsoft.ai/events/49974-federal-register-phosphate-fertilizers-from-the-kingdom-of-morocco-amended.md) | -0.3% | +5.9% |
| DAP | 2020-09-11 | [Wholesale Phosphate Prices Rise as US Weighs Duties Against Morocco, Russia](https://feedsoft.ai/events/51048-wholesale-phosphate-prices-rise-as-us-weighs-duties-against-morocco-russia.md) | 0.0% | -0.6% |
| DAP | 2021-01-11 | [Morocco – US: Fertiliser giant OCP faces challenges in North America](https://feedsoft.ai/events/49084-morocco-us-fertiliser-giant-ocp-faces-challenges-in-north-america.md) | +1.0% | +38.4% |

## Sources

- africaintelligence.com: https://www.africaintelligence.com/north-africa/2020/12/03/the-us-finds-against-ocp-in-preliminary-subsidies-report,109625053-art

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