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The rock phosphate market is expected to grow 7.1% CAGR from...

  1. Batmansdaughter
    2,847 Posts.
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    21/10/21
    14:58
    Post #: 56972613
    The rock phosphate market is expected to grow 7.1% CAGR from 2019 to 2025. I wouldn't be sweating on the spot price too much.

    Phosphate miners have been doing well recently. Crop demand isn't getting any lighter. Africa is specifically in need of huge phosphate increases as their farming techniques turn more broadacre with improved technology.

    World population isn't turning carnivorous either.
    CXM Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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