OCP SA of Morocco reported a 39 percent decline in nine-month earnings, hit by lower prices, while its fertilizer and phosphate rock exports rose and phosphoric acid exports fell. The article is a Green Markets earnings summary with the rest of the content behind a subscription wall.
Lower realized phosphate prices at the world's largest phosphate exporter point to softer DAP/MAP and phosphate rock pricing, which can ease feed phosphate costs for buyers.
Not 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.