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Morocco is set to sign a long-term agreement with India to export rock phosphate, with India's chemicals minister due in Rabat on January 13-14. Under the planned joint venture, public and private players would mine, produce and ship fertilisers to India.
India imports up to 40% of its roughly 50 million tonnes of annual fertiliser needs.
A long-term offtake deal locks in demand for Moroccan rock and fertilisers, tightening available supply and supporting phosphate prices. Other government agreements could follow.
agbi.comGavin Gibbon11 Jan 2023Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 193 peristiwa perdagangan bullish sebelumnya, DAP bergerak median +0,4% selama 5 sesi (54% lebih tinggi; separuh tengah -0,3% sampai +1,8%), dan +1,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
