11 July 2012 16:11 [Source: ICIS news]
SAO PAULO (ICIS)--Brazil's fertilizer sales rose to nearly 2.4m tonnes in May, up by 9.2% year on year, the Fertilizer Distribution Association (Anda) said on Wednesday.
However, fertilizer production in May fell by 13.2% to 698,799 tonnes from the same month last year.
In the first five months of 2012, sales grew by 8.5% year on year to nearly 9.3m tonnes, Anda added.
Output during the first five months of 2012 totalled nearly 3.7m tonnes, up 0.8% compared with the same period of 2011, the association said.
Imports totalled over 5.7m tonnes in the January-May period, down 22.8% year on year, Anda added.
Sales grew in the January-May period mainly as a result of higher demand for sugarcane, cotton, coffee, corn, rice and soy, the association added.
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