# OCP Group Expects Higher Demand for Phosphate in 2019

> Morocco's OCP reported 2018 revenues up 15% to MAD 55.9 billion, with fertilizer revenue up 20% and making up 55% of total sales. The group cited higher volumes and prices for phosphoric acid and fertilizer, while rock volumes and prices held steady.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/60419-ocp-group-expects-higher-demand-for-phosphate-in-2019
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

OCP is the largest global phosphate fertilizer exporter, so firm pricing and rising demand signal tighter phosphate supply and support higher DAP and phosphate fertilizer costs for feed and crop producers.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: neutral

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2019/03/81762/ocp-group-demand-phosphate/

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