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Fitch Ratings affirmed OCP's long-term rating at 'BB+' with a stable outlook, citing its operational strength and its investment programme. The company plans to raise capacity from 15.4 million tonnes to 20 million by 2027 and to increase TSP output.
Fitch expects average EBITDA of 40 billion dirhams over 2025-2028.
OCP's planned capacity expansion and TSP growth point to more phosphate fertiliser supply over the coming years. The rating itself is a financial matter and does not move prices directly.
marocnewspaper.maNov 2, 2026Not 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.
