Argus launches Brazilian fertilizer information service
Rio de Janeiro, 01 October 2015
Global energy and commodity price reporting agency Argus has launched Argus FMB Fertilizer Brazil, a weekly report and online service that provides transparency for the world’s fourth-largest fertilizer market.
Brazil is a key player in the global fertilizer market, and Argus FMB Fertilizer Brazil will help companies in this sector to understand its intricacies. The service offers detailed coverage of the country’s four main trading regions, with 47 key price assessments, market commentary, information on local logistics such as freight and port costs, details on the Brazilian barter system, news on business opportunities and crop prices, and charts showing trends on imports and prices.
An economic downturn and the depreciation of the real against the US dollar have led to a downturn in the Brazilian import programme, leading to questions over whether it will be robust enough to support prices in the coming weeks. January-August imports were down by 10pc compared with a year earlier, and full-year imports could fall by as much as a fifth compared with 2014. Suppliers of nitrogen, phosphate and potash products have had to make increasingly competitive offers, making reliable and timely local price information all the more important.
Argus Media executive chairman and publisher Adrian Binks said: “Argus is pleased to be adding to transparency of the important Brazilian fertilizer market. Argus FMB Fertilizer Brazil will help companies understand pricing and opportunities in this key regional market.”
Argus opened its office in Rio de Janeiro in 2012, and launched Portuguese and Spanish language websites in the same year. Argus publishes a variety of fertilizer reports with over 100 price assessments covering international phosphates, nitrogen, ammonia, potash, sulphur and sulphuric acid markets. Some of these are used as reference prices in contracts.
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About Argus Media
Argus is an independent media organisation with more than 700 full time staff. It is headquartered in London and has offices in each of the world’s principal commodity centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.
More than half of Argus employees are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. They operate according to a rigorous Editorial Code of Conduct and a compliance and ethics policy that align with best journalistic practice, including the avoidance of conflicts of interest.
Argus is a leading provider of data on prices and fundamentals, news, analysis, consultancy services and conferences for the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical, metals and transportation industries. Data provided by Argus are widely used for indexation of physical trade. Companies, governments and international agencies use Argus information for analysis and planning purposes.
Argus has 20 offices globally, including London, Houston, Washington, New York, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the commodity industries. Argus was founded in 1970 and is a privately held UK-registered company.
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