# Agrium, Potash Corp. face new challenge over African phosphate imports - The Globe and Mail

> A South African court decision allowed the seizure of a cargo ship carrying about 50,000 tonnes of phosphate. Potash Corp. and Agrium together accounted for nearly half of Western Sahara's phosphate exports last year. Their shipments could face new legal challenges and scrutiny.

- Date: 2017-05-14 · published 2017-05-14T12:00:00.000Z
- Category: geopolitics · region Western Sahara · magnitude low
- Page: https://feedsoft.ai/events/71330-agrium-potash-corp-face-new-challenge-over-african-phosphate-imports-the-globe
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Legal pressure on Western Sahara phosphate exports raises the risk of reduced supply from a dominant source, which could support phosphate rock and fertilizer prices.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/canadian-firms-face-challenge-over-western-sahara-imports/article34983760/

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