Urea and sulfate on the decline: favorable moment for purchases

In the last 30 days, the fertilizer market has presented a relief scenario for the producer. According to an analysis by Jeferson Souza, a market intelligence analyst, Urea has registered a good drop in prices on a CFR Brazil basis, while ammonium sulfate had only a brief upward movement, the so-called "chicken flight," before retreating again last week. The factor that weighs most on sulfate, he explains, is the increase in logistics costs, especially with freight and demurrage, which make the nationalized product more expensive and limit its competitiveness in the domestic market. The specialist highlights that the main point of attention is the exchange ratio between the two products. As soybean planting advances across the country, the producer's focus begins to shift towards purchases of inputs for the second-crop corn. Currently, between 40% and 45% of fertilizer acquisitions for the cereal are still pending, which reinforces the importance of monitoring prices. Although ...