Unusually late major storms in the Atlantic have forced OCP to keep its port closed for another week. The main discharge port was closed in late February because of violent storms.
The closure is affecting not only the unloading of much-needed ammonia for the OCP operations but also the loading of phosphate products for exports. Much of the OCP material ready for shipping is under contract for European buyers for March arrival. Sources said the continued delay is beginning to put pressure on prices.