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Crunch time for phosphate producers

China holds the key for near-term price direction

Mining Journal
OCP, which owns the longest phosphate slurry pipeline in the world, is planning to increase its export volumes

OCP, which owns the longest phosphate slurry pipeline in the world, is planning to increase its export volumes

The price has fallen considerably over the year, averaging US$335 per tonne FOB last month compared with US$400/t FOB in January. While the average rate of decline has slowed – from 5% in the March quarter...

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