# OCP’s Turnover Reached MAD 36 Billion by Late September

> OCP, Morocco's state phosphate company, reported turnover of MAD 36 billion through September 2017, up 13% year on year. Fertilizer exports rose to 6 million tons, with strong growth into Africa and the Americas.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/67791-ocp-s-turnover-reached-mad-36-billion-by-late-september
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Strong OCP export volumes signal healthy global phosphate demand, which supports DAP and phosphate rock prices.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-07-07 | [Morocco’s Phosphate Sales Doubled To Reach $4.70 Billion in May](https://feedsoft.ai/events/40816-morocco-s-phosphate-sales-doubled-to-reach-4-70-billion-in-may.md) | +5.0% | +0.3% |
| DAP | 2022-11-24 | [Morocco’s Phosphate and Derivative Exports Hit $8.63 Billion in September](https://feedsoft.ai/events/39008-morocco-s-phosphate-and-derivative-exports-hit-8-63-billion-in-september.md) | -3.8% | -8.3% |
| DAP | 2022-05-05 | [Moroccan Phosphate Exports Nearly Double, Reach $2.46 Billion in March](https://feedsoft.ai/events/41743-moroccan-phosphate-exports-nearly-double-reach-2-46-billion-in-march.md) | 0.0% | -12.2% |
| DAP | 2024-08-26 | [September '24 Farmer Fertilizer Focus - Phosphate](https://feedsoft.ai/events/28680-september-24-farmer-fertilizer-focus-phosphate.md) | +2.6% | +2.0% |
| DAP | 2024-03-25 | [US MAP-DAP premium primed to return on tariffs \| Latest Market News](https://feedsoft.ai/events/31539-us-map-dap-premium-primed-to-return-on-tariffs-latest-market-news.md) | -10.7% | -13.4% |

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2017/12/93899/ocps-turnover-morocco-office-cherifien-des-hosphates/

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