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Morocco's phosphate producer OCP ended its relationship with Fitch Ratings, the only one of the three major agencies still assigning it a speculative-grade rating. Fitch withdrew its ratings after OCP stopped providing the information it needed, having kept the long-term rating at BB+ with a stable outlook.
A withdrawn rating has little direct effect on phosphate supply or prices, though OCP's financing costs could affect its investment capacity in fertilizer output.
infomaroc.netNadia marhouniNov 13, 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.
