Argentina Imports More Than Half of the Fertilizers Used in Agriculture
Although local production is around 1.7 million tons, more than half of the fertilizers used in the country come from abroad. China, Morocco, and the United States are the main suppliers. The global fertilizer market is dominated by a few countries. China is the leading producer and consumer, followed by Morocco, Russia, the United States, […]
Adecoagro and ACA acquire 100% of Profertil after YPF and Nutrien exit
The state-owned oil company approved the sale of its 50% stake in Profertil, completing a US$1.2 billion transaction that leaves Adecoagro with 90% and ACA with 10% of the country’s largest fertilizer producer. In one of the most significant business moves in Argentine agribusiness in recent years, YPF confirmed the sale of its stake in […]
Adecoagro plans to take control of Profertil, reviving the dream of making Argentina self-sufficient in nitrogen fertilizers.
Adecoagro announced the submission of a binding offer to acquire YPF’s 50% stake in Profertil S.A., the largest producer of granular urea in South America. The binding offer was presented on terms and conditions virtually identical to those previously agreed upon between Adecoagro and Nutrien, including a purchase price of approximately US$600 million. YPF’s acceptance […]
In the midst of the wheat harvest, fertilizer demand remains extremely weak in the Argentine market.
The Argentine fertilizer market continues to show lower-than-expected demand for this time of year due to both climatic and economic factors. Persistent rains in central and western Buenos Aires province have caused excessive water, flooding, and significant operational inconsistencies, which continue to affect planting and slow the purchase and application of inputs. The flow of […]
The international price of phosphate fertilizers continues to fall, while nitrogen fertilizers reflect a “mixed signals”
The prices of phosphate fertilizers in the international market continue to show a clearly downward trend due to the weakness of demand from India and exporting nations trying to generate business in countries reluctant to do business. “With Asia and part of Latin America operating with moderate purchases and coverage already assured, competition between suppliers […]
The downward trend in the international nitrogen fertilizer market has ended, and prices have begun to recover.
The downward trend in international nitrogen fertilizer prices reversed this week due to increased demand in key markets. This week, the Indian corporation Rashtriya Chemicals and Fertilisers (RCF) purchased 430,700 tons of granulated urea in an international tender. Of this amount, 90,000 tons are destined for the east coast of India at US$395/ton CFR, and […]
International Fertilizer Prices Continue to Deflate Amid Weak Demand
International fertilizer prices continue to weaken in most key agricultural regions, although they remain above the levels recorded a year ago. This week’s auction of granulated urea by India’s RCF Corporation resulted in prices below expectations and awards falling short of the 2.0 million ton target, reducing seller interest and leaving open the possibility of […]
International fertilizer prices continue to fall, adjusting to the agricultural business situation
Last week, prices for both nitrogen and phosphate fertilizers continued to fall, aligning with the relative purchasing power of grains. The granulated urea tender held by Rashtriya Chemicals & Fertilizers (RCF) in India received a higher-than-expected volume of bids, demonstrating that supply far exceeds demand. “While the volume offered in this tender is well below […]
Argentine Fertilizer Demand Remains Sluggish Despite Early Corn Planting
Argentine fertilizer demand remains unresponsive despite the start of the early corn planting season, deepening the downward pressure observed in the global market. The international urea market has adopted a wait-and-see approach ahead of the Indian auction on October 15. Buyers are also closely monitoring export quotas granted by the Chinese government amidst a turbulent […]
The suspension of export duties did not lead to a change in the trend of fertilizer demand among Argentine producers
The temporary suspension of export duties had no major impact on fertilizer demand, despite initial expectations in the agricultural nutrient industry. Within this context, fertilizer prices in the Argentine market continued to decline, matching the international price decline. The main reason for this phenomenon is that the suspension of export duties had a limited to […]
