Wednesday, October 21, 2015

Fertilizer sales return to reduce fall in year to date

Despite the retreat in September, the supply of fertilizers to the final consumer in the country have returned to reduce the rate of fall of 2015 date, confirming a gradual recovery of demand amid the thud caused by the rise of the dollar and the consequent decrease in the use of the input by the Brazilian producers.
A survey released today by the National Association for the diffusion of fertilizers (come on) indicates that sales of the raw material in Brazil reached 3.77 million tons in September, down from 3.6 percent in the same month of 2014. With that, the deliveries in the nine first months of 2015 totalled 22.33 million tonnes, 5.9% in relation to the same interval last year. This fall has been much bigger: reached 12% in May and came dropping gradually.
The high of the dollar on the real desestimulou purchases of fertilizers by farmers in the country in the current crop 2015/16, once left more expensive products — most of them brought from overseas, because Brazil does not produce internally every volume that needs input.
Phosphate fertilizers, which were the category most impacted in recent months, gave way to nitrogen in September, already reflecting the lower demand for the crops of corn (which will be planted in early 2016) and also for cotton, sugarcane and wheat. The supply of nitrogen fertilisers retreated 2.45% to 10.1 million tons. Already the phosphate fertilizers and 9.4% reduction potassium presented and 6% to 3.28 million and 3.74 million tons, respectively.
The country's largest producer of grains, Mato Grosso followed concentrating the largest volume of sales from January to September, with 4.48 million tonnes, followed by Paraná, with 3.09 million, and Rio Grande do Sul, with 2.63 million tons.
Favored by the continuing appreciation of the dollar, which takes the competitiveness of fertilizer imports, domestic production of rose 3.2% in the accumulated input this year to 6.73 million tons. Both imports as exports receded: the first, with a fall of 11.3% to 16.02 million tons, and the second, 14.7% drop, to 445.6 million tons.
Valor Economico
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