The release of the Morocco Rock Phosphate Price for May 2024, set at US $152.5 per ton, highlights a market maintaining stability, consistent with April 2024 pricing. Importantly, this figure marks a significant 56% decrease compared to May 2023, when prices were US $345 per ton.
The consistent pricing observed from December 2023 through May 2024 indicates a stable Morocco Rock Phosphate market, reflecting ongoing market dynamics and economic stability.