# Phosphate rock margins squeezed as tighter EU regulation ... - CRU Group

> CRU reports that overcapacity, led by OCP of Morocco ramping up new rock capacity, has driven traded phosphate rock prices sharply lower over the past year. Producers' margins are squeezed even though global average site costs fell 12% since 2014. Impending EU regulatory changes could also reshape cost structures and trade flows.

- Date: 2017-10-11 · published 2017-10-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68768-phosphate-rock-margins-squeezed-as-tighter-eu-regulation-cru-group
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower phosphate rock prices feed through to cheaper DAP and TSP inputs over time, but tighter EU rules could shift sourcing toward Russian material and raise costs in Europe.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- crugroup.com: https://www.crugroup.com/en/communities/thought-leadership/2017/phosphate-rock-margins-squeezed-as-tighter-eu-regulation-looms/

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