# Moroccan phosphate miner OCP’s profit jumps 19 percent in 2018

> OCP reported a 19% rise in 2018 full-year net profit to 5.4 billion dirhams on revenue up 15% to 55.9 billion dirhams. The company cited steady demand and higher international prices, and it plans African plants to tap rising fertilizer use.

- Date: 2019-04-01 · published 2019-04-01T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/60425-moroccan-phosphate-miner-ocp-s-profit-jumps-19-percent-in-2018
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Stable demand and higher international phosphate prices indicate a firm phosphate fertilizer market, supporting DAP and TSP pricing for buyers.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲

## Sources

- africanminingmarket.com: https://africanminingmarket.com/moroccan-phosphate-miner-ocps-profit-jumps-19-percent-in-2018/3706/

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