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Chatham Rock Phosphate's chief executive argues that reactive phosphate rock (RPR) can sharply cut fertilizer runoff without reducing farm output. Citing trials by Dr. Bert Quin, the company estimates switching to RPR would cut phosphorus runoff losses by 80%.
The company holds New Zealand's only material RPR source.
This is company promotion of an environmental benefit with no immediate supply or price change, so its price impact on phosphate markets is minimal.
oceanmining.newsPoseidonOct 24, 2017Not 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.
