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published a letter it sent to Incitec Pivot on March 6, 2018, asking about the company's phosphate rock imports from Western Sahara. The group says Incitec Pivot procured three shipments of about 105,000 tonnes in 2016 and has since shifted supply toward Togo.
The letter cites a CJEU ruling that Western Sahara is separate from Morocco.
This is an advocacy and corporate-sourcing story with no immediate supply change, so it has little direct effect on phosphate rock or fertilizer prices.
wsrw.orgMar 6, 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.
