OCP’s earning rises as higher sales volume offsets low prices

By Yoke Wong
Published: Thursday, 18 May 2017

The world’s largest phosphate producer, OCP, reported higher Q1 earnings and expects stable crop fundamentals and low input prices to drive consumption.

First quarter revenue at Moroccan state-owned Office Cherifien des Phosphates (OCP) increased by nearly 8% year-on-year (y-o-y) as higher fertiliser and phosphate rock sales volumes supported earnings.

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