Saudi marketUpdated November 9
Ma’aden’s phosphate output recovers as sulfur shortages ease.
After sulfur shortages affected production in the previous quarter, Ma’aden said its phosphate unit made 1.6 million metric tons of granulated phosphate products in Q3 as those supply challenges largely eased. The CEO said output returned to levels comparable with last year. But the production recovery didn’t end the financial strain: record sulfur costs, higher logistics expenses and no ammonia export sales continued to weigh on the unit. The tonnage was back; the pressure wasn’t.
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Coverage started November 9
Key Actors
- Maaden
