# Mosaic closes Plant City phosphates manufacturing facility | World Fertilizer

> Mosaic announced the permanent closure of its idled Plant City phosphates facility in Florida, which produced about 1.3 million tonnes of finished phosphates in 2017. The company expects a non-cash charge of up to $390 million in 2Q19.

- Date: 2019-06-19 · published 2019-06-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58902-mosaic-closes-plant-city-phosphates-manufacturing-facility-world-fertilizer
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Removing a high-cost plant from supply tightens US phosphate capacity modestly, which is mildly supportive for DAP and phosphate prices, though global supply from Mosaic's other sites remains ample.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/phosphates/19062019/mosaic-closes-plant-city-phosphates-manufacturing-facility/

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