Brazilian imports of fertilizers were the highest in the past five years, Conab reported. Postponement of nitrogen acquisitions last year boosted the result.
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The complex includes six factories that have a total production capacity up to 1.7 million tons and investments of USD 800 million.
The Brazilian branch of the US-based company expects to import 100,000 tonnes of phosphate from Saudi Arabia this year. The company also buys lesser amounts of sulfur and monoammonium phosphate from the UAE.
With a low supply of fertilizers from Russia and Belarus, Arab countries can be an alternative for some products, such as nitrogen and phosphate. The bloc, however, does not have a substantial potassium production.
