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Brazil’s urea imports up 17 pc in September

  • Market: Fertilizers
  • 09/10/24

Brazilian imports of urea increased by 17pc in September from a year earlier, on stepped up purchases to supply the second 2024-25 season corn crop.

Imports totaled 949,266 metric tonnes (t) in the month, above the 813,291t in the same month last year and also an increase from the 759,900t delivered in August, according to the Global Trade Tracker (GTT).

Russia was the main supplier to Brazil with 165,900t, or 17.5pc of all deliveries. This represents a 38pc increase over last year's volume for the same month. It was closely followed by Oman with 162,645t, or 17.1pc of the total. Urea trade figures for Oman can be misleading as the origin is frequently used as a designation for Iranian product by some suppliers because of complications arising from sanctions. Despite being the second major supplier in the month, deliveries from Oman fell by 30pc from a year earlier.

Nigeria shipped 146,760t, 15.5pc of the total, more than tripling its September 2023 volumes, while Qatar sent 127,656t, a 30pc drop year on year. Algeria volumes decreased by 46pc to 52,700t, accounting for 5.6pc of the total.

Venezuela deliveries rose fivefold to 83,886t in September from the year prior. Egypt accounted for approximately 41,086t, or 2pc of deliveries — compared with no volumes last year. Imports from Bolivia rose by fourfold to 28,844t.

Imports year-to-date September reached 5.4mn t, a nearly 13pc increase from the same period in 2023. Nigeria, Oman and Qatar were the main origins, accounting for 19pc, 19pc and 17pc, respectively, of totals.

Imports from Bolivia doubled in the period to 246,420t. Egypt delivered 125,454t, compared with no volumes last year. Russian deliveries were up by almost 18pc to 823,000t, while Saudi Arabia's rose by 32pc to nearly 197,670t.

On the other hand, Algeria deliveries dropped by 57pc to 229,028t. Venezuela imports fell by 6pc to 440,565t.

Deliveries from Turkmenistan summed 51,647t, from no volumes last year.

Amsul deliveries also up

Ammonium sulphate imports increased by 29pc to around 703,583t in September from a year earlier.

The volume is also above the 684,455t imported in August.

China delivered 94pc of all imports in the month.

January-September imports totaled 3.1mn t, up by 10pc from the same period in 2023. China accounted for 96pc of deliveries in the nine-month period.


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