Phosphate rock capacity is expected to exceed demand growth, and there remains a risk that an oversupply situation.
Upcoming capacity projects and the availability of resources are more than adequate to meet growing demand in the longer term. from here i dont see prices to picking. Only economy recovery will a bit help for the prices to stay at this level.
For MAK 2010 will be hard time because prices will not rise.
phosphate rock outlook
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $14.12K | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2012302 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 996420 | 4 |
View Market Depth
| Last trade - 14.30pm 15/11/2024 (20 minute delay) ? |
| AEV (ASX) Chart |