# Egypt looks to capitalise on its low phosphate rock cost ... - CRU Group

> CRU reports that Egyptian phosphate rock producers have some of the lowest production costs in the global industry, allowing exports to continue despite weak prices. Egypt is the third-largest phosphate rock exporter, with over 60% of output shipped abroad. Producers are now planning downstream capacity, including a first phosphoric acid plant at Abu Tartour.

- Date: 2017-08-10 · published 2017-08-10T12:00:00.000Z
- Category: market · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/69786-egypt-looks-to-capitalise-on-its-low-phosphate-rock-cost-cru-group
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Low-cost Egyptian rock keeps supply available and caps phosphate rock pricing, while the shift toward downstream processing may gradually reduce the volume of traded rock.

## Read by commodity

- PHOSROCK: neutral

## Sources

- crugroup.com: https://www.crugroup.com/en/communities/thought-leadership/2017/egypt-looks-to-capitalise-on-its-low-phosphate-rock-cost-base/
- prnewswire.co.uk: https://www.prnewswire.co.uk/news-releases/cru-egypt-looks-to-capitalise-on-its-low-phosphate-rock-cost-base-639807013.html

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