Morocco still buying but reduction expected

摘要

Market participants indicated continuing sales to Morocco, although OCP has indicated it is planning to greatly reduce its purchases of sulphuric acid over the coming months because of the scheduled startup of the first of its new integrated hub plants with its own captive sulphuric acid capacity. Market participants said the buyer had previously indicated it would buy around 800,000 mt of acid this year, with purchases weighted more towards H1.