Brazil October fertilizer sales up by 6.2% to hit record high

14 November 2012 20:24  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Brazil’s fertilizer sales in October totalled 3.60m tonnes, an increase of 6.2% over 3.39m tonnes recorded for the same month last year, the National Fertilizer Distribution Association (Anda) said on Wednesday.

This was the highest level of sales recorded for a single month, Anda said.

In the January-October period, sales grew by 4.4% year on year to 24.82m tonnes, the association said. The increase in sales in this period was attributed to a higher demand for sugarcane, cotton, coffee, corn and rice, Anda said.

Domestic production of intermediate fertilizers in October fell by 5.7% year on year to 880,526 tonnes, the association said.

Production from January to October stood at 8.07m tonnes, down by 1.3% over the same period in 2011.

Exports of nitrogen, phosphorous and potassium fertilizer in October stood at 44,734 tonnes, up by 1.9% year on year. Exports in the January-October period were down by 24% to 415,373 tonnes.

Imports of intermediate fertilizers in October fell by 24% year on year to 1.50m tonnes. Imports in the January-October period were down by 4.4% to 16.22m tonnes.

According to Anda, lower import levels in October were the result of operational and administrative problems.

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