Brazil February fertilizer sales rise 1.2% year on year

13 March 2013 20:46  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Brazilian fertilizer sales totalled 1.74m tonnes in February, up by about 1.2% from 1.72m tonnes recorded for the corresponding month last year, the country's National Fertilizer Distribution Association (Anda) said on Wednesday.

In the first two months of 2013, accumulated sales increased by about 5% year on year to 3.77m tonnes from 3.59m tonnes, the association said.

Sales of nitrogen fertilizers in Brazil in January and February rose by 2.4% to 629,000 tonnes, while phosphorous fertilizers were up by 0.5% to 425,000 tonnes and potassium fertilizers were up by 15% to 559,000 tonnes.

Domestic production of fertilizer intermediaries totalled 692,000 in February, up by 4.5% from 662,000 tonnes a year earlier, Anda said. In the January-February period, production grew by 2.1% to 1.49m tonnes.

Exports of nitrogen, phosphorous and potassium fertilizers in February stood at 40,000 tonnes, up by about 60% from nearly 25,000 tonnes a year earlier. Year on year, exports rose by 67% in the first two months of this year, from 58,000 tonnes to 97,000 tonnes.

February imports of intermediate fertilizers totalled 1.07m tonnes, an increase of about 35% from 791,000 tonnes a year earlier, while January-February imports were up by about 14% to 2.4m tonnes from 2.1m tonnes in the first two months of 2012.

By: Simon West

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