Wednesday, June 17, 2015

Fertilizer sales fell 21.4 percent in the country in may

Deliveries of fertilizer blenders to retailers across the country have confirmed the expectations and returned to retreat in May. According to the National Association for the diffusion of fertilizers (come on), the volume reached 2.067 million tons, 21.4% less than in the same month of 2014.
According to a survey completed on Tuesday by the entity, the imports of fertilizer intermediates fell 5.5% in the comparison, to 1.791 million tons, while domestic production decreased by 4.9 percent to 708.2 million tons.
With more such tumbles, has the worst start of the year in more than a decade for the thread. The deliveries reached 9.044 million tons from January to may, 12% less than in the same range of 2014, while imports fell 18.4%, to 7.255 million tons.
As the appreciation of the dollar took competitiveness of imported products, there was space for national production grew 5.5 percent in the period, to 3.621 million tons.
As already reported the value, experts estimate that there will be a greater concentration of sales in the third quarter, as was normal in the country until 2008 (the planting of grain harvest begins in September), but the expected reaction will not be able to compensate for the fall in the first months of the year. Thus, deliveries should register in 2015 the first shrinkage since 2009.
Valor Economico
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