Loading…
The OCP Group, Morocco's state-linked phosphate producer, welcomed the USITC's decision to continue the investigation into its phosphate fertilizer imports. OCP called the petition flawed and said US customers and farm-state officials are raising concerns about the proposed countervailing duties.
The response signals a contested case that could still change US phosphate import flows, but at this early stage it does not by itself alter supply or prices.
ocpgroup.maAug 11, 2020After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% over 20.
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.
