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OCP, through subsidiary Phosboucraa, plans a $1.24 billion fertilizer complex in Laayoune, Morocco. It will include 500,000 tonnes per year each of DAP and MAP, plus phosphoric and sulfuric acid units.
A future expansion of DAP and MAP capacity in Morocco adds to medium-term phosphate supply, though the project is not near-term and has limited immediate price effect.
industrialinfo.comJan 5, 2020Not 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.
