Phosphat Rock Prices
The price that a producer can obtain for phosphate rock concentrate is mainly dependent on the percentage of P2O5 contained in it.
The price quoted for Moroccan phosphate rock concentrate is representative of the price that would apply for Stonegate's phosphate rock concentrate because of expected similarity in P2O5 content.
The chart below is for the price of Moroccan phosphate rock concentrate once it is loaded on a ship at a Moroccan port (FOB stands for "free on board").
The price does not include shipping costs from that port to the final destination.
Historical prices in the chart are for Moroccan phosphate rock concentrate with 32 - 33% P2O5.
However, apparently due to lower grades in the concentrate it is producing, Morocco widened the specifications for its benchmark price in the fourth quarter of 2010 to 31 - 33% P2O5.