Casablanca, Nov. 30 -- Morocco is set to supply nearly 3 million tonnes of phosphate-based fertilisers to India by next month through OCP Nutricrops, its flagship fertiliser firm, an OCP spokesperson said. The transfer follows a strategic partnership aimed at reducing India's dependence on China and mitigating risks from increasing market volatility.
China tapered off supplies of di-ammonium phosphate (DAP) to India, the world's second-largest importer of fertilizers, first in 2023, leading to a complete halt by early 2025. A similar squeeze on export of rare earth elements has set off a global scramble for new supply sources.
"Starting this year, India and OCP Nutricrops signed a global deal with six partners to deliver 2.5 million ton...
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