US phosphate fertilizer output drops in September

18 October 2007 13:59  [Source: ICIS news]

LONDON (ICIS news)--US phosphate fertilizer production fell 10% in September compared with the previous month on plant turnarounds and August's longer production month, data from the Fertilizer Institute released on Thursday has revealed.

September data showed that diammonium phosphate (DAP) fertilizer production stood at 760,000 short tons, down 10% month on month but up 9% year on year.

A short turnaround at Mosaic’s 2m tonne/year Florida facility at Bartow, brought forward from October to September and the fact that August saw 31 days of production compared with 30 in September, were seen as the main reasons for the fall, traders said.

Closing month DAP inventories grew marginally, by 2%, in September to 528,000 short tons, but were down by 24% on September 2006.

Producer disappearance (shipments to the US and export markets) was 750,000 short tons of DAP, down 15% on August but up 3% on September 2006.

Monammonium phosphates (MAP) production reached 427,000 short tons in September, down 10% on August but up 6% on the same month of 2006.

MAP closing inventory was 275,000 short tons, down a substantial 27% on August and 36% on September 2006.

Producer disappearance was 528,000 short tons, up 8% on August and 50% on September 2006.

By: Mike Nash
+44 20 8652 3214

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