# Morocco's phosphate producer to raise USD500mn | BBK

> Moroccan phosphate producer OCP plans to issue nearly USD500 million in domestic perpetual bonds, its first local issue since 2011. The company is raising output to offset falling prices and targets 47 million tons of crude phosphate annually in coming years.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: trade · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/74160-morocco-s-phosphate-producer-to-raise-usd500mn-bbk
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Expanding Moroccan output into a weak price environment adds phosphate supply, which is bearish for DAP and phosphate rock prices. The financing itself does not change near-term supply.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2026-07-18 | [Morocco’s OCP Phosphate Ships Could Head to US ‘Within Days,’ USDA Confirms](https://feedsoft.ai/events/18682-morocco-s-ocp-phosphate-ships-could-head-to-us-within-days-usda-confirms.md) | +0.6% | +2.2% |
| DAP | 2023-11-08 | [US reduces tariffs on phosphate fertilizers from Morocco \| Agriculture Dive](https://feedsoft.ai/events/33488-us-reduces-tariffs-on-phosphate-fertilizers-from-morocco-agriculture-dive.md) | +0.9% | +3.9% |
| DAP | 2026-08-01 | [OCP Group Ships Moroccan Phosphate to US Following Duty Suspension](https://feedsoft.ai/events/18678-ocp-group-ships-moroccan-phosphate-to-us-following-duty-suspension.md) | -0.6% | -0.4% |
| DAP | 2026-08-17 | [U.S. Receives First Moroccan Phosphate Shipment in 5 years After Temporary CVD Relief - AgWeb](https://feedsoft.ai/events/18206-u-s-receives-first-moroccan-phosphate-shipment-in-5-years-after-temporary-cvd.md) | 0.0% | +0.6% |
| DAP | 2023-11-03 | [U.S. Commerce Department lowers Moroccan phosphate duties - Brownfield Ag News](https://feedsoft.ai/events/33481-u-s-commerce-department-lowers-moroccan-phosphate-duties-brownfield-ag-news.md) | +0.9% | +3.9% |

## Sources

- bbkonline.com: https://www.bbkonline.com/moroccos-phosphate-producer-to-raise-usd500mn/

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