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Avenira advanced its Baobab phosphate project in Senegal after a positive feasibility study projecting a 1 Mtpa concentrate operation. Explorer Chatham Rock Phosphate is also advancing its project, and the article cites demand rising toward 268 million tonnes by 2024.
Supply tightness from China's pollution crackdown supports phosphate fertilizer prices, which feed into DAP and TSP costs for farmers and feed-related crop inputs.
investingnews.comGeorgia WilliamsMar 18, 2019Not 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.
