Brazil February fertilizer sales drop 0.9% year on year

21 March 2012 20:38  [Source: ICIS news]

SAO PAULO (ICIS)--Brazil's fertilizer sales were over 1.7m tonnes in February, down by 0.9% year on year, the Fertilizer Distribution Association (Anda) said on Wednesday.

Fertilizer production in February reached 662,151 tonnes, also down 0.9% year on year.

Fertilizer imports reached 731,865m tonnes in February, down 40.4% year on year, the association said.

In the first two months of 2012, sales grew 3.8% year on year to nearly 3.8m tonnes, Anda added.

Output during the first two months of 2012 totalled nearly 1.5m tonnes, up 7.1% compared with the same period of 2011, the association said.

Imports totalled over 2m tonnes in the January-February period, down 26.8% year on year, Anda added.

Sales grew in the January-February period mainly as a result of higher demand for sugarcane, corn and cotton,  the association added.

By: Hellen Berger
+1 713 525 2653

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