Brazilian June fertilizer sales drop 4.3% year on year

13 August 2012 19:56  [Source: ICIS news]

SAO PAULO (ICIS)--Brazil's fertilizer sales in June fell by 4.3% year on year to just under 2.5m tonnes, the Fertilizer Distribution Association (Anda) said on Monday.

Meanwhile, Brazil’s fertilizer production in June fell by 5.7% to 797,441 tonnes from the same month last year.

In the first six months of 2012, sales grew by 5.6% year on year to over 11.7m tonnes, Anda added.

Output during the first six months of 2012 totalled nearly 4.5m tonnes, down 0.2% compared with the same period of 2011, the association said.

Imports totalled over 7.8m tonnes in the January-June period, down 13.6% year on year, Anda added.

Sales grew in the January-June period mainly as a result of higher demand for sugarcane, cotton, coffee, corn, rice, sugar and soy, the association added.

By: Hellen Berger
+1 713 525 2653

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