Increase in Brazil's fertilizer imports

Recently, Brazil announced data on fertilizer imports in May. The data shows that the upcoming new planting season has stimulated the market's demand for chemical fertilizers. Retailers have purchased fertilizers to fill in stocks. It is expected that all kinds of fertilizer imports in May may exceed 1.3 million tons, an increase from the same period last year. 20%.

However, the unloading delays in major ports, especially Paranagua Port, have caused many cargo ships to wait for more than 20 days before they have just unloaded cargo. According to statistics, from January to April this year, Brazil imported a total of 5.6 million tons of fertilizer, an increase of 58% year-on-year, and an increase of 268% from 2009. The import volume in the first four months can only meet 87% of Brazilian domestic demand. From a product perspective, the import volume of monoammonium phosphate in Brazil increased by 240% in the first four months, ammonium nitrate increased by 148%, and potassium chloride increased by 41%. In terms of import volume, potassium chloride accounted for 40%, urea accounted for 14%, ammonium sulfate accounted for 13%, and ammonium phosphate accounted for 13%. According to the latest estimates of Brazilian producers, the amount of fertilizer imports in Brazil during the remaining 7 months will be the same as last year, that is, this year, Brazil's fertilizer imports will reach 17 million tons, and the total import volume will increase by 11% over last year.

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