The Paraná state fertilizer industry association Sindiadubos projects a 30% fall in the arrival of imported fertilizers at the Port of Paranagua by the end of this year. In addition, the association estimates a decline in the annual deliveries of fertilizers sold and sent to producers, ranging from 9.4% to 16.5%. In the event of a 10% reduction in imports between August and December of this year, the drop in deliveries will be 9.4% for the year, with a final stock of 9.13 million tonnes without commercialization. The volume is 41% higher than what was on hand at the same time last year. If deliveries to farmers reduce by 25%, about 12.3 million tonnes will be kept in stock. Such a scenario would be worse for the market since the volume stored would be 91% higher than in 2022.
Source: Datamar News