Fertilizer: ARGUS MAP cfr price assessment

Fertilizer: ARGUS MAP cfr price assessment

The ARGUS Brazil MAP cfr price assessment

The Brazil MAP cfr price is a leading assessment for 11-52 prices west of Suez. Brazil is the world’s largest MAP importer by a considerable margin. Moreover, all major phosphate suppliers compete in this market.


Advantages of the ARGUS Brazil MAP cfr price assessment

The Brazil MAP cfr price is widely used in both spot and formula shipments from a variety of origins, such as Morocco, the US, Russia, Saudi Arabia and China. Cargoes priced on formula are increasingly common, as suppliers integrate further down the supply chain in Brazil through mergers and acquisitions. Trading firms also use the price assessment for procuring cargoes on a fob basis. The assessment drives the price in neighbouring countries, particularly Argentina, which typically trades at a $5-8/t premium because of freight logistics. There is a high degree of correlation between the two prices.


Users of the ARGUS Brazil MAP cfr price assessment

Brazilian importers and distributors, all global phosphate suppliers and global and regional trading firms take great interest in this price. Saudi producers sell on a formula basis to Brazil based on this price as do trading firms.

Request more information

We would be happy to offer you more information about our paid services. Argus produces information and services for global markets, which requires Argus to share your personal information with Argus group companies and service providers that are based both within and outside of the European Economic Area (EEA). Argus Media may use the details submitted to send you information about related Argus products and services which may be of interest to your business. You can unsubscribe from these updates at any time. We manage your personal data in accordance with our privacy policy.

Required
Please enter your first name
The length cannot exceed 300 characters.
Please enter your last name
The length cannot exceed 300 characters.
Please enter your email
Please fill in a valid email address
Job title