Morocco Rock Phosphate Prices March 2024 Update

The Morocco Rock Phosphate Price for March 2024 has been revealed at US $152.5 per ton. This price remains consistent with the February 2024 price, maintaining stability in the market. Notably, compared to March 2023, where prices stood at US $345 per ton, the current price reflects a substantial 56% decrease.

The March 2024 Morocco Rock Phosphate Price underscores the evolving dynamics of the global fertilizer market. Despite remaining unchanged from the previous month, the significant year-on-year reduction highlights the fluctuating nature of commodity prices and the impact of various factors on market trends.

The consistency in prices from November 2023 to March 2024 signals a level of stability in the Morocco Rock Phosphate market.