23 Hrs
Source:
ناظورسيتي
Moroccan fertilizer import costs rise
The Kingdom of Morocco has experienced a significant increase in sulfur import costs, with the value of foreign purchases reaching 20.2 billion dirhams in the first half of this year, representing a 159% rise compared to the same period last year. Sulfur is a fundamental component in the production of sulfuric acid, which is essential for the phosphate fertilizer industry, thereby affecting fertilizer production costs and posing a challenge to market competitiveness. As part of its efforts to secure supply sources, Moroccan officials discussed with Iraq the possibility of importing sulfur from Baghdad, in line with efforts to diversify suppliers and improve transportation methods. The focus is on logistical solutions and potential risks to ensure supply stability.
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