Morocco

The updated rules set clear conditions for wheat purchasing, flour production, packaging, and pricing while keeping retail prices unchanged.

The move gives Moroccan fertilizer exporters short term relief while the U.S. reviews its trade measures.

Rising fertilizer exports are helping Morocco manage higher energy costs and weaker global economic growth, according to the World Bank.

The funding will help expand fertilizer production, renewable energy capacity, water supply systems, and green ammonia manufacturing as OCP moves into the next phase of its investment plan.

The Moroccan fertilizer producer says currency changes, lower sales volumes, and tensions in the Middle East affected first-quarter results, even as demand for phosphate fertilizers stayed firm in key markets.