# OCP @ revenue in a depressed market - Willagri - Comprendre les enjeux de l'agriculture

> OCP Group reported first-quarter 2019 revenue of MAD 42.4 billion, up 3% year on year, despite lower phosphate prices and higher fertiliser inventories held by some importers. The company grew phosphoric acid exports to Asia and fertiliser exports to Europe and Latin America.

- Date: 2019-12-10 · published 2019-12-10T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/55870-ocp-revenue-in-a-depressed-market-willagri-comprendre-les-enjeux-de-l
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Weaker phosphate and DAP prices with ample importer inventories point to soft fertiliser pricing, which lowers input costs for feed producers' supply chains.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- willagri.com: https://willagri.com/2019/12/10/ocp-revenue-in-a-depressed-market/?lang=en

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