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The Sahrawi Arab Democratic Republic is challenging New Zealand's imports of Moroccan phosphate from Western Sahara. South African authorities seized a freighter carrying 54,000 tons of OCP phosphate in May 2017 after it stopped in Port Elizabeth, and the cargo's ownership remains in court.
Legal disputes over Western Sahara phosphate shipments add supply-chain risk and buyer caution for New Zealand importers, which could tighten regional phosphate flows.
asiatimes.comJohn McBethJan 26, 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.
