* Phloem derived from the vascular cambium in plants exhibiting secondary growth. As in the * secondary xylem , the secondary phloem consists of two systems: the axial (vertical) system, derived from the fusiform initials of the vascular cambium and consisting mainly of * sieve elements , their associated * companion cells, and some phloem fibres; and the ray (horizontal) system, derived from the ray initials of the vascular cambium and consisting mostly of ray parenchyma.
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