"see what OCP's increased output is going to do to global rock phosphate"
Don't think there is any question here... More supply will come one in future, whether it be Morocco or other. But I argue that they wont kill phosphate quickly (If at all), they will set up capacity and simply undercut where they can at as higher prices as they can.
The cliché comparison is OIL... But in this case OCP has far more market weight then any individual Oil producer.
Any corporation of this size will abuse its position to the side of greater profits - Not lower profits just to maintain market share... Which they will easily sustain anyway.
Pat
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