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Maghreb Confidential reports that OCP plans to invest $750 million to boost fertilizer production at its Jorf Lasfar site in Morocco. The item also mentions OCP's political ties in the United States.
Added capacity at OCP, the world's largest phosphate producer, points to more future phosphate supply, which would be bearish for DAP prices over time.
africaintelligence.comFeb 8, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
