Brazil fertilizer sales rise 4.2% in the first half of the year

14 July 2010 22:49  [Source: ICIS news]

SAO PAULO (ICIS news)--Brazil's fertilizer sales reached 8.62m tonnes in the first half of 2010, up 4.2% year over year, Brazil’s Fertilizer Distribution Association (Anda) said on Wednesday.

Sales grew due to growing domestic demand for corn, cotton and sugarcane, according to the association.

Production reached 4.26m tonnes in the period, up 14.8% year over year, Anda said.

Imports stood at 5.93m tonnes in the first half, 76.5% higher than in the same period last year, when imports reached 3.36m tonnes.   

Consumption of fertilizers is expected to increase by 3-5% this year to exceed 23m tonnes, compared with 22.47m tones in 2009, the association said.

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By: Hellen Berger
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