# OCP parts ways with Fitch Ratings, which rated it below its competitors

> 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.

- Date: 2026-11-13 · published 2026-11-14T00:11:15.980Z
- Category: macro · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/98596-ocp-parts-ways-with-fitch-ratings-which-rated-it-below-its-competitors
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

A withdrawn rating has little direct effect on phosphate supply or prices, though OCP's financing costs could affect its investment capacity in fertilizer output.

## Sources

- infomaroc.net: https://www.infomaroc.net/ocp-se-separe-de-fitch-ratings-qui-le-notait-moins-bien-que-ses-concurrentes/

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