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published its annual report showing Morocco shipped about 1.59 million tonnes of phosphate rock from occupied Western Sahara in 2017, valued at roughly $142.7 million across 27 bulk vessels. Exports fell from 2016 largely because the number of importers dropped to the lowest ever recorded.
Fewer importers and a shifting shipping route from Western Sahara reduce available phosphate rock supply in the trade, which can tighten phosphate rock and DAP/TSP availability for buyers over time.
wsrw.orgApr 25, 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.
