# Court rules detained phosphate may be sold | RNZ

> A South African High Court ruled that the Sahrawi Arab Democratic Republic owns a 55,000-tonne phosphate rock cargo detained in Port Elizabeth. The cargo, bound for New Zealand, is likely to be sold because returning it to Western Sahara is impractical.

- Date: 2018-02-24 · published 2018-02-24T12:00:00.000Z
- Category: trade · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/66802-court-rules-detained-phosphate-may-be-sold-rnz
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The single cargo is small relative to global phosphate trade, so it has little effect on world supply or prices.

## Read by commodity

- PHOSROCK: neutral

## Sources

- rnz.co.nz: https://www.rnz.co.nz/news/business/351198/court-rules-detained-phosphate-may-be-sold

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