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Bullboard - Stock Discussion Forum Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP... see more

TSXV:IFOS - Post Discussion

Itafos Inc > Phosphate rock in May 2023
View:
Post by JimToronto on Jun 16, 2023 1:58pm

Phosphate rock in May 2023

"Phosphate rock prices continue to trade at a record high.
 
Morocco FOB Phosphate ore prices for 32% P2O5 remain at US$345/t in May 2023, with @worldbankdata forecasting prices to remain elevated at US$260/t in 2023 and US$240/t during 2024. 
 
Growing food security requirements along with the adoption of #LFP batteries by carmakers, following China's lead, to reduce costs is expected to drive long-term demand for phosphate."

Commodity Markets Outlook from World Bank.

https://openknowledge.worldbank.org/server/api/core/bitstreams/6864d537-d407-4cab-8ef1-868dbf7e07e2/content

 
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