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Algeria's mines minister wants to increase domestic phosphate output to support fertilizer production, and French investors are seeking opportunities in the sector. Ferphos's capacity to deliver is uncertain.
A new ammonia project in Arzew is also planned.
Expansion plans in Algeria could add phosphate and ammonia supply over the long term, but current capacity is uncertain. The near-term price impact is negligible.
africaintelligence.comAug 28, 2018Not enough comparable past events yet for a historical read.
Not 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.
