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Crunch time for phosphate producers

Finished phosphates prices contracted at all major hubs through 2016, yet indications from last month’s negotiations are the market may finally have found a bottom.

Crunch time for phosphate producers Crunch time for phosphate producers Crunch time for phosphate producers Crunch time for phosphate producers Crunch time for phosphate producers

OCP, which owns the longest phosphate slurry pipeline in the world, is planning to increase its export volumes

The price has fallen considerably over the year, averaging US$335 per tonne FOB last month compared with US$400/t FOB in January.

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