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Bullboard - Stock Discussion Forum Chatham Rock Phosphate Ltd V.NZP

Alternate Symbol(s):  GELGF

Chatham Rock Phosphate Limited is a New Zealand-based junior mineral development company. The Company is focused on the development of a marine phosphorite deposit off the coast of New Zealand. It holds a mining permit over an area off the coast of New Zealand with seabed deposits of rock phosphate and other valuable minerals. The permit area of 820 square kilometers (sq km) is approximately... see more

TSXV:NZP - Post Discussion

Chatham Rock Phosphate Ltd > Phosphate fertilizer prices in U.S. surge to decade high ami
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Post by Prit27 on Oct 15, 2020 3:46pm

Phosphate fertilizer prices in U.S. surge to decade high ami

https://www.bnnbloomberg.ca/fertilizer-prices-in-u-s-surge-to-decade-high-amid-import-probe-1.1502465


Phosphate fertilizer prices in the U.S. corn belt had their biggest quarter in a decade as buyers cope with a supply shock caused by potential import duties against Morocco and Russia.

Midwest prices for diammonium phosphate, or DAP, jumped 29 per cent in the third quarter, the most since 2010, according to a Green Markets index. Prices for a lower concentration phosphate fertilizer also surged the most in a decade, by 34 per cent. The two chemicals make up the primary component for many phosphate-based fertilizers used by American crop farmers.


 




https://www.bnnbloomberg.ca/fertilizer-prices-in-u-s-surge-to-decade-high-amid-import-probe-1.1502465
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