# Morocco's OCP plans African chemical plants, fertiliser blenders

> Morocco's OCP, which holds about 75% of world phosphate reserves and a 65% market share, plans African chemical plants and fertiliser blending operations. OCP said its 2018 sales fell as international prices dropped.

- Date: 2019-03-05 · published 2019-03-05T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/60412-morocco-s-ocp-plans-african-chemical-plants-fertiliser-blenders
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Expansion of downstream capacity by the dominant phosphate producer could add future supply, a mildly bearish factor for phosphate prices over time.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/business/finance/moroccos-ocp-plans-african-chemical-plants-fertiliser-blenders-idUSL5N20R4TG/

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