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Emaphos, the Moroccan phosphoric acid producer, has decided to increase its phosphoric acid capacity. The available text is truncated and paywalled, so the scale and timing of the expansion are not stated.
More phosphoric acid capacity in Morocco adds to the supply of phosphate inputs over time, which could ease DAP and phosphate prices later on, though the effect is not immediate.
fertilizerpricing.comJun 15, 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.
