Brazil fertilizer deliveries rise 8.1% in first four months

15 May 2014 22:03 Source:ICIS News

MEDELLIN, Colombia (ICIS)--Brazil’s fertilizer deliveries to end consumers totalled 7.77m tonnes in the first four months of the year, an increase of 8.1% from 7.19m tonnes in the year-earlier period, fertilizer distribution association Anda said on Thursday.

Deliveries of nitrogen fertilizers increased by 5.7% year on year amid higher demand for corn, cotton, coffee and wheat crops, while deliveries of potassium fertilizers grew by 8.2% due to higher demand for corn, cotton and soybean crops, Anda said.

Just under 1.48m tonnes of fertilizers were delivered to end consumers in the central state of Mato Grosso, while deliveries to the southern Sao Paulo and Parana states reached 1.12m and 1.04m tonnes, respectively.

Despite the increase in demand, domestic production of fertilizer intermediates in the January-April period decreased by about 10% to 2.69m tonnes, Anda said. Production of phosphate and potassium fertilizers fell by about 12% and 4%, respectively.

Imports of intermediates soared by about 27% to 6.95m tonnes, while exports in the same period increased by about 17% to 219,322 tonnes, Anda said.

The port of Paranagua in Parana state, the main entry point for fertilizer imports, received 2.96m tonnes in the first four months, about 16% more than in the year-ago period and about 43% of total fertilizer imports that arrived into Brazil.

For just April, deliveries of fertilizers were flat year over year at 1.78m tonnes, while domestic production inched up by 1.4% to 740,337 tonnes, the association said.

By Simon West