# OCP’s African Exports Drive Record Turnover During First Half of 2017

> OCP, Morocco's state phosphate group, reported a 7% rise in first-half 2017 turnover to over MAD 23 billion, driven by African fertilizer exports that rose 44% and now account for about 40% of its fertilizer exports. EBITDA was flat at MAD 5.9 billion, and Q2 revenue rose to MAD 11.8 billion.

- Date: 2017-09-12 · published 2017-09-12T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/69275-ocp-s-african-exports-drive-record-turnover-during-first-half-of-2017
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Strong African demand for Moroccan phosphate and specialty fertilizers supports fertilizer flows, though falling sale prices weighed on the group. Feed buyers face little direct price change, but phosphate input costs remain tied to these exporters.

## Read by commodity

- DAP: neutral
- TSP: neutral

## Sources

- moroccoworldnews.com: https://www.moroccoworldnews.com/2017/09/95700/ocps-african-exports-drive-record-turnover-first-half-2017/

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