Phosphate and byproducts exports drop 4.4 pc end of august

Moroccan exports of phosphates and by-products posted a 4.4 PC drop in the first eight months of this year, standing at 843 million USD against 883 million USD for the same period in 1999.

The OCP group sales, says "L'Office des Changes," recorded a slump because of lesser expeditions of phosphates (-7.3 PC) and phosphoric acid (-13.2) while sales of natural and chemical fertilizers increased

18.9 PC rising in value from 186 million USD to 221 million USD. In Volume, fertilizers exports recorded a higher increase (37.3 PC) going from 1.06 million tons to 1.46 million tons.

The OCP share in Moroccan global exports dropped 1.8 point going from 18.5 PC to 16.7 PC in the last eight months, Office figures show.