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The benchmark phosphate rock price has been flat for five years but began sliding in October and is down about 11 percent. The article is a personal investment column about a small phosphate miner, Avenira, whose shares fell amid production problems in Senegal.
The roughly 11% decline in the benchmark phosphate rock price points to softer phosphate input costs for feed and fertilizer buyers.
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.