# OCP says phosphate markets have bottomed :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> 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.

- Date: 2017-03-28 · published 2017-03-28T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/71933-ocp-says-phosphate-markets-have-bottomed-content-tap-oan-hoa-chat-viet-nam
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Tighter phosphate supply and a bottoming market point to higher DAP and phosphate rock costs, raising feed phosphate and crop input expenses.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/ocp-says-phosphate-markets-have-bottomed.html

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