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Agrium says its phosphate rock purchases from Morocco's OCP, including Western Sahara material, are an interim arrangement while it seeks other sources. Western Sahara Resource Watch will soon publish its annual report on phosphate purchases from the territory.
Agrium's search for alternative rock supply could shift demand among Moroccan and other phosphate suppliers over time, though the effect on prices is limited for now.
wsrw.orgApr 11, 2017Not 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.
