Brazilian imports of fertilizers tend to fall to 20% in 2015

Although they are low in the international market, the prices of fertilizers are high in Brazil, due to the appreciation of the dollar against the real, and that imports from the country tend to retreat between 15% and 20% this year, according to the scenario outlined by the Rabobank.
Second review of the Dutch Bank, in real average prices of raw material are at their highest level since the 2008/09 season and, even if there is an increase in the area planted with grains in 2015/16, the volume of domestic sales should should not exceed the levels of the last few years, as farmers ' margins are tighter. In 2014, were 32.2 million tonnes in 2013, 30.7 million.
As at December 31 stocks were relatively comfortable (5.7 million tonnes) and the amount of nutrients in the soil is high in many regions, as stresses analysis of Rabobank, there is room for imports fall to between 19.6 million and 20.5 million tons in 2015.
Last year, according to the National Association for the diffusion of fertilizers (come on), Brazilian imports reached 24 million tons, a new record, while domestic production stood at 8.8 million tons, down from 5.4% from 2013.