# OCP faces cut in EU phosphoric acid deal, after

> OCP, the top phosphates exporter, is negotiating quarterly phosphoric acid prices with EU buyers and faces pressure to cut prices. The pressure follows its agreement to a discount for India.

- Date: 2017-07-14 · published 2017-07-14T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/70310-ocp-faces-cut-in-eu-phosphoric-acid-deal-after
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A discount granted to India and pressure from EU buyers signal weaker phosphate pricing for the current quarter. That points to softer phosphate input costs in import markets.

## Read by commodity

- PHOSROCK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-05-06 | [Morocco Remains World’s Largest Exporter of Phosphate, Phosphoric Acid](https://feedsoft.ai/events/53455-morocco-remains-world-s-largest-exporter-of-phosphate-phosphoric-acid.md) | +0.2% | +1.3% |
| DAP | 2024-10-28 | [Urea Prices Dip After India Tender Delay \| CZ app](https://feedsoft.ai/events/5407-urea-prices-dip-after-india-tender-delay-cz-app.md) | +0.9% | +0.9% |
| DAP | 2021-10-05 | [Farmers face fertiliser shortages, higher prices after China export ban \| VIC](https://feedsoft.ai/events/5913-farmers-face-fertiliser-shortages-higher-prices-after-china-export-ban-vic.md) | 0.0% | +3.3% |
| DAP | 2021-01-11 | [Morocco – US: Fertiliser giant OCP faces challenges in North America](https://feedsoft.ai/events/49084-morocco-us-fertiliser-giant-ocp-faces-challenges-in-north-america.md) | +1.0% | +38.4% |
| DAP | 2020-08-10 | [Phosphate prices up as Mosaic pushes for duties](https://feedsoft.ai/events/51543-phosphate-prices-up-as-mosaic-pushes-for-duties.md) | +3.4% | +11.1% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/press-review-ocp-faces-cut-eu-phosphoric-acid-deal-after-agreeing-india-discount-2017

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