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CRU and OCP announced the Phosphates 2018 conference, to be held 12-14 March 2018 in Marrakesh, Morocco, expecting over 500 industry decision-makers. The event includes site visits to OCP's Khouribga mine and Jorf Lasfar platform.
CRU's Head of Phosphates noted phosphate rock prices continue to slide as low-cost Moroccan rock gains share.
Conference news itself has little direct price impact, but its commentary that phosphate rock prices are sliding on Moroccan competition signals softer raw material costs for fertilizer producers.
africa-newsroom.comAPO Group, CRU International LimitedJan 30, 2018
prnewswire.comCRUJan 31, 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.
