The latest Profercy report has US rock phosphate stocks depleting rapidly, in part due to the legal dispute over Mosaic's South Forte Meade mine.
This has driven up rock prices across the board, by $5-$17 pt, with India taking the larger increases at $15-17 FOB.
This now puts the lowest grade of Moroccan rp (31-33%) at $200 pt FOB.
The latest Profercy report has US rock phosphate stocks...
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