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A Hexa Research press release forecasts the global phosphate rock market will reach 268.0 million tons by 2024, driven by fertilizer demand. It notes Asia Pacific demand of 127.94 million tons in 2016.
This is a generic market-research forecast with no new supply or demand event, so it has little near-term price effect on phosphate inputs or feed commodities.
prnewswire.comHexa ResearchSep 11, 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.
