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Ghana's Ministry of Food and Agriculture and OCP Group signed an MoU to develop Ghana's fertilizer value chain, including a possible plant combining Ghanaian natural gas with Moroccan phosphate. The deal is at an exploratory stage.
A possible future Ghanaian plant would add phosphate fertilizer demand over the long term but has no near-term price impact.
worldfertilizer.comNicholas WoodroofSep 19, 2018After 29 past neutral policy events, DAP moved a median +0.2% over 5 sessions (55% higher; middle half -0.4% to +1.3%), and +1.9% over 20.
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.
