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OCP, the world's largest phosphate exporter, says the phosphate market is at the bottom of its cycle and expects prices to rise as global production eases. Tampa phosphate prices rose about 4.4% over four weeks to $375 per tonne, the highest in over a year.
A supply-driven phosphate recovery and firm Tampa prices support DAP and TSP costs for feed producers and signal limited near-term downside.
vinachem.com.vnApr 14, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
