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EU regulators are considering limits on cadmium, a heavy metal, in phosphate rock imports. The rules threaten Tunisia's state-owned Compagnie des Phosphates de Gafsa, which has already seen production collapse since the 2011 revolution.
The article says the EU decision could effectively end the company's operations.
Tighter cadmium limits on imports would cut phosphate rock supply into Europe and could firm phosphate prices and raise the cost of fertilizer inputs. The effect depends on how strict the final EU rule is.
politico.euEmmet LivingstoneOct 12, 2018Not 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.
