# OCP Hit by Lower Prices; Fertilizer,  Rock Exports Up, Phos Acid Off | Green Markets

> 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.

- Date: 2020-11-20 · published 2020-11-20T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/50462-ocp-hit-by-lower-prices-fertilizer-rock-exports-up-phos-acid-off-green-markets
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

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.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- fertilizerpricing.com: https://fertilizerpricing.com/ocp-hit-by-lower-prices-fertilizer-rock-exports-up-phos-acid-off/

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