Tight Phosphate Market Empowers Suppliers to Choose Where to Export

StoneX2 hours ago0:34

Tight global phosphate supply lets producers such as Morocco favor higher-paying markets over the US. Suspending duties on Moroccan phosphate was meant to ease costs for US farmers, yet prices have barely moved. The reason lies in a global market so tight that sellers, not policymakers, decide where the tons go. Josh Linville is Vice President of Fertilizer at StoneX, explains that the phosphate supply picture is shaped by China's retreat from exports, a closed Strait of Hormuz and expensive raw materials. View his full report in the related video. #Phosphate #fertilizer #AgMarkets #JoshLinville

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