# OCP Group News Update: 1Q20 Results, Jorf Lasfar Site Improvements & Brazil Start-Up Investment – Phosphate Price

> OCP reported first-quarter 2020 revenues of US$1.27 billion and EBITDA of US$345 million, down from the prior year due to lower fertilizer prices. Higher export volumes partly offset the price decline, and EBITDA rose 48% from the fourth quarter of 2019.

- Date: 2020-06-03 · published 2020-06-03T12:00:00.000Z
- Category: report · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/52941-ocp-group-news-update-1q20-results-jorf-lasfar-site-improvements-and-brazil
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower realised fertilizer prices at the largest phosphate exporter confirm soft phosphate pricing, while strong export volumes indicate ample supply.

## Read by commodity

- DAP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-06-29 | [‘Great news’: EU hails discovery of massive phosphate rock deposit in Norway](https://feedsoft.ai/events/35821-great-news-eu-hails-discovery-of-massive-phosphate-rock-deposit-in-norway.md) | 0.0% | +12.8% |
| DAP | 2020-04-02 | [AgroPages-OCP Group achieves MAD 54.9 billion turnover in 2019-Agricultural news](https://feedsoft.ai/events/53967-agropages-ocp-group-achieves-mad-54-9-billion-turnover-in-2019-agricultural-news.md) | +1.8% | +1.7% |
| DAP | 2024-09-13 | [Morocco: A market mover in phosphates - CRU Group](https://feedsoft.ai/events/28646-morocco-a-market-mover-in-phosphates-cru-group.md) | -0.2% | +0.5% |
| DAP | 2026-01-16 | [Mosaic Issues Market Update And Preliminary Fourth Quarter 2025 Sales Results](https://feedsoft.ai/events/20982-mosaic-issues-market-update-and-preliminary-fourth-quarter-2025-sales-results.md) | -0.8% | +0.5% |
| DAP | 2023-04-13 | [Latest Data Shows Drop in Fertilizer Prices - MiningNewsWire](https://feedsoft.ai/events/5939-latest-data-shows-drop-in-fertilizer-prices-miningnewswire.md) | +1.6% | -9.7% |

## Sources

- phosphateprice.com: https://phosphateprice.com/ocp-group-news-update-1q20-results-jorf-lasfar-site-improvements-brazil-start-up-investment/

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