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Rwanda and Moroccan companies signed a major fertilizer deal, with visiting African journalists touring OCP's Khouribga mining site and Jorf Lasfar industrial platform. The article covers the plant operations in Morocco.
The deal expands African fertilizer trade with Morocco, a major phosphate exporter, which supports continued phosphate and DAP demand. The effect on global prices is limited.
newtimes.co.rwAthan TashobyaAug 11, 2018After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), 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.
