The Phosphate Cost and Profit Margin Service is focused on industry benchmarking and determining the cost competitiveness of the phosphate industry’s many and diverse producers. The primary objective of the service is to present comprehensive industry supply curves for the main phosphate products: phosphate rock, phosphoric acid, DAP, MAP and TSP. On each supply curve we show sales volume, cash cost of production per tonne, average price achieved per tonne, and gross margin per tonne.
For each phosphate fertilizer product, we have identified a representative sample of companies and our primary approach is to begin with financial reporting based “top down” company analysis, which we complement with “bottom up” analysis. This analysis is aided by addressing the numerous factors that influence phosphate industry performance such as mining and processing costs, including the cost of sulphur and ammonia for phosphoric acid and ammoniated phosphates. We also analyse investment opportunities and trends, providing a comprehensive review of brownfield and greenfield project activity.
As a producer-focused service, the Phosphate Cost and Profit Margin Service also assesses the ten year outlook for new capacity, taking into account production economics, and incentive price modelling, among others.