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Western Sahara Resource Watch's annual report says Morocco exported 1.59 million tonnes of phosphate from Western Sahara in 2017, valued at about $142.7 million. Exports fell from 2016 as the number of importers dropped to a record low of six companies in five countries.
Fewer importers of Western Sahara phosphate can tighten buyer options for Moroccan rock, but the volume is a small share of global trade, so the price impact is limited.
noteolvidesdelsaharaoccidental.orgObserverMay 7, 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.
