The Mosaic Company Provides phosphate market outlook - conf slides
- Based on our likely demand scenario and capacity estimates, global phosphoric acid operating rates are projected to remain relatively stable at about 85% of effective capacity from 2014 through 2020. This is in line with the average since 2000, but projected rates do not exhibit as much volatility as during the last decade.
- If current supply and demand projections are on target, global grain and oilseed stocks will increase significantly this year and make up all of the declines during the last three years.
- Will most likely see balanced supply during the next six months, then a tighter supply situation by September/October.