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Vinachem discusses the phosphate fertilizer crisis, noting that much of global phosphate production is concentrated in China, the US and Western Sahara. It cites warnings that a global phosphorus shortage could emerge by 2023.
Concentrated phosphate supply and warnings of shortage support higher phosphate rock and fertilizer prices over the medium term, though this is a general commentary rather than a new event.
vinachem.com.vnMay 8, 2020Not 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.
