# OCP Bets Big on Rising Phosphate Demand - E & MJ

> Moroccan producer OCP is investing in new technology to lift its market share and cut energy costs. Phosphate rock prices fell from a stable $115-123/mt range between 2014 and mid-2016 to $96/mt by April 2017. The article attributes the decline to oversupply, particularly of Chinese fertilizer products.

- Date: 2017-07-18 · published 2017-07-18T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/70316-ocp-bets-big-on-rising-phosphate-demand-e-and-mj
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Phosphate rock is the benchmark input for world phosphate prices, so continued oversupply keeps downward pressure on DAP and related costs. Expanded low-cost capacity from Morocco reinforces that outlook for buyers.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- e-mj.com: https://www.e-mj.com/features/ocp-bets-big-on-rising-phosphate-demand/

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