Wednesday, February 6, 2013

Morocco's production capacity in phosphate products is expected to rise

Although the prime phosphorus production countries in Africa currently focus on exploitation of phosphate rock, it still shows an alluring prospect in phosphate fertilizer industry, according to CCM’s January issue of Phosphorus Industry China Monthly Report.
Morocco-based phosphate producer—Office Chérifien des Phosphates (OCP), accounting for nearly the entire phosphate products production locally, is strengthening its production capacity. In accordance with the development strategy of OCP, its production capacity in phosphate rock and phosphate fertilizer would reach 50,000,000t/ and 9,000,000t/a in 2020, respectively.
Thanks to OCP's promotion in the production of phosphate rock and phosphate fertilizer, it is bound to raise Morocco's share in global phosphate exports, especially in phosphate fertilizer exports.
Morocco, located in Northwestern Africa, generally plays the most important role in phosphate rock areas (accounting for 50% of global exports in 2010). From 1995, Morocco maintains an annual export level of more than 10 million tonnes of phosphorus ore. Meanwhile, the export of DAP in Morocco also reaches 1.87 million in 2010, accounting for 11.91% of global exports.

Phosphorus Industry China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Phosphorus market dynamics, analyze the market data and trends. Major columns include market dynamic, company dynamic, raw material supply, price update, import & export analysis, consumption trend & competitiveness.

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