Fertilizer market maintains distinct adjustments

The Brazilian fertilizer market maintains a trend of gradual adjustments, with movements reflecting differences in demand between products of higher and lower concentration. The approaching second corn season has not yet consistently boosted the pace of purchases, and producers' decisions remain conditioned on price and availability conditions. In this scenario, some categories are registering declines, while others are advancing with greater demand. According to StoneX, the CFR price of urea has fallen again in Brazil. Despite being a widely used input, the commercial attractiveness remains limited and demand has shown no signs of reaction in recent weeks. The consultancy points out that the supply remains sufficient to meet the market, contributing to maintaining downward pressure. In contrast, lower concentration nitrogen products, such as SAM and NAM, have recorded an increase since last week. These alternatives have gained ground due to the more affordable cost, which has ...