Brazilian July fertilizer sales drop 4.8% year on year

31 August 2012 21:13  [Source: ICIS news]

SAO PAULO (ICIS)--Brazil's fertilizer sales in July fell by 4.8% year on year to just over 2.6m tonnes, the Fertilizer Distribution Association (Anda) said on Friday.

Meanwhile, Brazil’s fertilizer production in July fell by 6.5% to 868,720 tonnes from the same month last year.

In the first seven months of 2012, sales grew by 3.5% year on year to over 14.3m tonnes, Anda added.

Output during the first seven months of 2012 totalled nearly 5.4m tonnes, down 1.3% compared with the same period of 2011, the association said.

Imports totalled nearly 10.4m tonnes in the January-July period, down 6.7% year on year, Anda added.

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

By: Hellen Berger
+1 713 525 2653

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