Morocco's state-owned OCP reported first-quarter 2019 revenue up 20% year on year to $1.31 billion. The growth came from higher acid and fertilizer volumes and higher rock, acid and fertilizer prices versus Q1 2018.
Higher phosphate rock and DAP prices from the world's largest phosphate producer support the cost of phosphate-based feed supplements and fertilizer inputs. The gain is year-on-year, while prices trended lower sequentially.
Not enough comparable past events yet for a historical read.
Not 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.