Loading…
OCP, the world's largest phosphate exporter, said the phosphate market has likely hit bottom and forecast rising prices as global production eases. Tampa phosphate prices rose about 4.4% over four weeks to $375/tonne, the highest in over a year.
Tighter phosphate supply and a bottoming market point to higher DAP and phosphate rock costs, raising feed phosphate and crop input expenses.
vinachem.com.vnMar 28, 2017Not 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.
