# Morocco’s Phosphates Revenues up 14 pct Despite Price Declines | MoroccoTomorrow

> Morocco's state-owned OCP reported that its phosphate turnover rose 14 percent in 2017 to $4.8 billion, despite falling international prices. Phosphate rock sales revenue grew 40 percent and fertilizer sales revenue grew 24 percent versus 2016. Exports to other African nations jumped 50 percent to 2.5 million tons.

- Date: 2018-03-24 · published 2018-03-24T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/66307-morocco-s-phosphates-revenues-up-14-pct-despite-price-declines-moroccotomorrow
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Higher OCP volumes and African export growth point to firm phosphate fertilizer supply demand, but falling international prices signal softer phosphate input costs for feed and crop producers.

## Read by commodity

- DAP: neutral
- TSP: neutral
- PHOSROCK: neutral

## Sources

- moroccotomorrow.org: https://moroccotomorrow.org/moroccos-phosphates-revenues-up-14-pct-despite-price-declines/

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