# NZ farmers last remaining importers of conflict mineral? | Scoop News

> Western Sahara Resource Watch's 2017 report found New Zealand cooperatives Ballance and Ravensdown imported about 333,000 tonnes of Western Sahara phosphate rock worth roughly $30 million. Three long-term importers reportedly stopped buying after a South African cargo seizure, and shipping routes have shifted to avoid the Cape of Good Hope.

- Date: 2018-04-25 · published 2018-04-25T12:00:00.000Z
- Category: logistics · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/65830-nz-farmers-last-remaining-importers-of-conflict-mineral-scoop-news
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Importers exiting and rerouted ships raise freight and sourcing costs for phosphate rock, which can support phosphate prices for NZ buyers.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- scoop.co.nz: http://www.scoop.co.nz/stories/PO1804/S00260/nz-farmers-last-remaining-importers-of-conflict-mineral.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.