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An article reports that phosphate supply is concentrated in China, the US and Western Sahara, and warns that a global phosphorus shortage could arrive by 2023. It describes companies developing organic bio-fertilizer alternatives in response.
Concerns about phosphate supply concentration and possible shortages can support phosphate fertilizer prices over the longer term. The article is general commentary with no new supply event.
investingnews.comMelissa PistilliApr 16, 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.
