# Seized phosphate shipment 'a tender situation' | RNZ

> Ballance Agri-Nutrients may end up buying back the seized phosphate rock cargo, which is now effectively under the control of the Polisario Front. The Moroccan seller has pulled out of the court hearing and accused South Africa of piracy. Ballance says the dispute has not cost it financially so far, despite berthage fees of about $10,000 a day.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: geopolitics · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/70314-seized-phosphate-shipment-a-tender-situation-rnz
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The dispute leaves the cargo's ownership and destination unsettled, which affects a small volume of phosphate rock trade. It does not change the broader supply balance.

## Read by commodity

- PHOSROCK: neutral

## Sources

- rnz.co.nz: https://www.rnz.co.nz/news/politics/336061/seized-phosphate-shipment-a-tender-situation

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