Quite easily. You seem to think that if a price goes up it must be purely because demand is greater than supply. These aren't the only factors as has already been proven. Manipulation, monopoly, economical factors, speculation all play a part, especially so for phosphate rock where there is no official index for the tracking of contract sales and price.
Forgive me I feel I am beating my head against a brick wall.
I have to move on now, have spent my allocated time on this.
rock phosphate rises to $110 us fob morrocco, page-48
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