# OCP’s Revenue Increases by 4% in First Half of 2019 Despite Severe Market Conditions

> Morocco's OCP reported first-half 2019 sales revenue of MAD 27.582 billion, up 4% year on year. Higher output and phosphoric acid prices offset lower rock and fertilizer volumes and falling fertilizer prices. OCP also became the main phosphoric acid exporter to Asia.

- Date: 2019-09-19 · published 2019-09-19T12:00:00.000Z
- Category: report · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/57415-ocp-s-revenue-increases-by-4-in-first-half-of-2019-despite-severe-market
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The results show that phosphate prices fell for fertilizers while the world's largest phosphate exporter kept its share, which points to continued pressure on finished-product prices. The report adds little new supply information.

## Read by commodity

- PHOSROCK: neutral

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2019/09/76942/ocp-revenue-increase-2019-severe-market-conditions/

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