Morocco Rock Phosphate Price Report: Oct 2023 Updates and Analysis

Embarking on the analysis of Morocco’s Rock Phosphate market, the price trajectory for October 2023 stands impressively at US $347.5 per ton, maintaining parity with the preceding month’s figure of US $347.5. This intriguing stability in pricing not only reflects a harmonized market in the short term but also paves the way for a deeper examination of the industry’s underlying dynamics.

Of particular interest is the noteworthy comparison with the same period last year, October 2022, where the Rock Phosphate Price surged by an enticing 9.45% to US $347.5 per ton from US $317.5 per ton.