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A Guardian feature warns of a phosphate fertiliser supply crisis that could threaten world food supply. It notes that a few countries hold most phosphate rock reserves, with Western Sahara holding the largest share.
Several countries may run out of domestic supply within a generation.
Concentration of phosphate reserves and supply risk support a longer-term premium for phosphate rock and fertilizers. The article is background analysis rather than a new market event.
theguardian.comDamian CarringtonSep 6, 2019Not 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.
