Egypt's MOPCO reports a deeper gas supply cut
Egyptian fertilizer producer MOPCO says its gas supply cut has widened to 33% from 20% a week earlier. The report does not specify an effect on output.
· Feedsoft Markets Desk
TRANSCRIPT
A deeper gas cut. Egyptian fertilizer producer MOPCO says its gas supply has been cut by 33%.
Up from 20%. The reported cut was 20% a week earlier.
Output impact unclear. MOPCO says it is managing operations around available gas. The report does not specify a production impact.
Why feed buyers should care. Gas is used to make nitrogen fertilizer for crops. A prolonged cut could affect output.
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