OCP Group said it is temporarily curtailing its phosphate production plans by 500,000 mt, effective mid-December through the end of February 2020.
It said this decision to reduce its planned production is driven by recent weather conditions and forecasted consignments at Moroccan ports that are expected to continue until the end of February 2020.
Given current demand levels, OCP said it does not believe that this temporary reduced production will affect supply to the company’s customer base. It added that it continues to expect that demand will increase in 2020, and it will be ready to adjust its phosphate production levels to meet its customers’ needs.