The U.S. Department of Commerce on Nov. 24 announced its affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of phosphate fertilizers from Morocco and Russia. (The first version of this alert identified the agency as the U.S. International Trade Commission. The ITC made its preliminary determination on Aug. 10.)
Preliminary subsidy rates were 23.46 percent of OCP SA/Morocco; and 20.94-72.5 percent for Russian producers, including 72.5 percent for Industrial Group Phosphorite LLC, 20.94 percent for Joint Stock Company Apatit and 32.92 percent for all other Russian producers/exporters.
Transparency Across the Fertilizer Value-Chain