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Porto de Itaqui abre novo terminal de fertilizantes

  • Market: Agriculture, Fertilizers
  • 17/03/21

A Companhia Operadora Portuária do Itaqui (COPI), no Maranhão, inaugurou um novo terminal de fertilizantes.

Itaqui é um dos principais portos da região conhecida como Arco Norte.

O terminal, com capacidade de 3,5 milhões de t/ano, vai triplicar a produtividade do berço 101 do porto, responsável por movimentar nutrientes.

O investimento total da COPI é estimado em R$260 milhões ($47 milhões), dos quais R$110 milhões já foram gastos na primeira fase do projeto.

Os R$150 milhões restantes estão separados para a construção da rodovia que vai ligar o novo terminal do porto ao futuro terminal multimodal, dedicado ao transbordo e logística em Palmeirante, no Tocantins.

A integração está prevista para começar no primeiro semestre de 2022 e deve movimentar 40 vagões por dia.

Por João Petrini

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14/05/26

India’s IPL secures over 1.3mn t of DAP: Update 2

India’s IPL secures over 1.3mn t of DAP: Update 2

Updates the lists for deliveries to each coast published on 12 May. The total quantity secured in the tender, the quantity per supplier, and the suppliers themselves are unchanged. London, 14 May (Argus) — Indian fertilizer importer and producer IPL has issued letters of intent to 14 suppliers, securing 1.3465mn t of DAP at $930-935/t cfr in a tender that closed on 7 May. Suppliers are to deliver 631,500t of DAP to India's east coast and 715,000t to the west coast. The delivery schedule is not yet available, but IPL had specified shipment from loading ports by 15 August in the tender. The quantity secured is above the 1.2mn t that IPL had sought in the tender. It received offers for 2.325mn t of DAP before asking all suppliers to match the lowest offers submitted at $935/t cfr east coast and $930/t cfr west coast India. The suppliers for the east coast are as follows: Indagro: 30,000t from Egypt Aditya Birla: 31,500t from Egypt Samsung: 50,000t, open origin Sun International: 40,000t from the US Fertistream: 50,000t from Russia Maaden: 60,000t from Saudi Arabia Oasis Global: 60,000t from Russia Ameropa: 15,000t from South Korea Agricommodities: 245,000t from the US/Saudi Arabia Hexagon: 50,000t, open origin The suppliers for the west coast are as follows: Indagro: 40,000t from the US Quest Group: 50,000t from Morocco Agrifields: 45,000t from Morocco VB Venture: 40,000t from Saudi Arabia Sun International: 40,000t from the US Maaden: 110,000t from Saudi Arabia Oasis Global: 90,000t from Russia Ameropa: 50,000t from the US/Tunisia Midgulf International: 60,000t from the US Agricommodities: 190,000t from the US/Saudi Arabia Agricommodities had initially accepted IPL's counterbid prices for up to 600,000t of DAP from Saudi Arabia . But Argus understands that IPL wanted Agricommodities to load all of its cargoes from Red Sea ports, rather than from Ras al-Khair in the Mideast Gulf. IPL had also sought 400,000t of TSP in the tender. Argus understands that IPL has countered Moroccan producer OCP at $710/t cfr for TSP. Talks with OCP for DAP and TSP are reportedly ongoing. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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EU eyes deducting carbon credits under CBAM

13/05/26
News
13/05/26

EU eyes deducting carbon credits under CBAM

London, 13 May (Argus) — Domestic and Paris Agreement-aligned international carbon credits used to pay for emissions in non-EU countries could be counted towards a carbon price already paid on an import's emissions under the bloc's carbon border adjustment mechanism (CBAM), under proposals published by the European Commission today. Under the CBAM regulation, declarants can claim a reduction in the CBAM certificates they must surrender for emissions embedded in imported goods if a carbon price has already been paid in the country of origin. In a draft implementing act published for consultation today, the commission proposed including all forms of compliance options allowed in the relevant country in the calculation, including carbon credits. Claiming this reduction should be allowed "irrespective of whether the mitigation activities linked to the carbon credit takes place domestically or outside the domestic jurisdiction", according to the draft implementing regulation. But while domestic credits could be counted with no additional criteria, only international credits issued under Article 6 of the Paris Agreement should be counted, the commission proposed. "This criterion should promote the development of Article 6 credits and provide the quality assurance necessary to ensure the environmental integrity of CBAM," it said. Counting international credits as a carbon price already paid on CBAM goods should also be limited to 10pc of the reported emissions to incentivise domestic emissions cuts, the commission said. Any rebates or compensation received by installations covered by carbon pricing should also be factored in, the commission proposed, including free allowances or other exemptions. The carbon price could have been paid on direct, indirect or precursor emissions, under the draft. The commission may publish default carbon prices for relevant countries, it said. And it proposed publishing a yearly reference price for CBAM certificates to be used in the calculation of the deduction. The price paid in the non-EU country would be based on either a yearly average primary or secondary market price or individual records of payment, converted to euros based on yearly average exchange rates. The regulation would apply from 1 January this year. The consultation closes on 10 June. By Victoria Hatherick Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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US layer operations trim organic egg production

13/05/26
News
13/05/26

US layer operations trim organic egg production

Minneapolis, 13 May (Argus) — High egg inventories and a record layer flock pushed organic egg prices lower, prompting some producers to reduce organic egg production, market contacts said. Some operations are removing organic flocks and culling them early once their productivity begins to decline, market contacts said. Once barns are empty, some operations are choosing to leave barns empty longer between flocks or swap them back into conventional production. A decline in the organic egg-layer flock is a strong reversal after two years of strong growth. The US organic layer flock reached a record 21.7mn head in April up by 6.5pc from a year earlier. The flock rose by 30pc from a low of 16.7mn birds in April 2024 after heavy bird flu culling, US Department of Agriculture data show. The larger flock pushed organic egg stocks to 39.5mn eggs in the week ended 12 May, up by 38pc on the year. Swelling organic layer inventories in the 2025-26 corn marketing year (September-August) lifted organic grain demand for layers by 15pc compared with the prior year, tightening the organic corn and feed wheat market. A smaller layer flock will ease tight organic feed markets and free up supply for the still growing broiler and dairy sectors. Organic layers account for 40pc of US organic grain feed demand and 32pc of high-protein feed demand in the current marketing year, Argus forecasts show. A turn towards lower organic egg production will weaken demand for organic corn, but stocks are still expected to be tight until fall harvest. The organic chicken meat market remains strong and will continue to support overall organic feed demand even as layer numbers decline. By Alexander Schultz Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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Railroads blast UP-Norfolk Southern merger plan

13/05/26
News
13/05/26

Railroads blast UP-Norfolk Southern merger plan

Houston, 13 May (Argus) — Union Pacific (UP) and Norfolk Southern's four Class I competitors urged US federal regulators to once again reject as incomplete the merger proposal to create the first US transcontinental railroad company. UP and Norfolk Southern in December filed their original merger application with US rail regulator the Surface Transportation Board (STB), starting the clock on a multi-year process. It will be the largest merger the STB has ever scrutinized, and the process will likely feature high-profile hearings and congressional scrutiny. The three-member STB in January ruled that the would-be partners' merger application was incomplete, sending it back to UP and Norfolk Southern to fill in key informational gaps. The railroads on 30 April refiled their proposal, which they say reinforces their argument the merger would drive growth, save shipping costs and bolster the US supply chain. UP said its updated analysis shows the merger will shift freight shipments from the roads to the rails, saving shippers an estimated $3.5bn/yr and removing about 2.1mn trucks from the road. However, all of the remaining Class I competitors heaped criticism on the merger application. According to BNSF Railway, UP's western Class I competitor, "the amended merger application makes things worse, not better." The refiled application "largely repackages" the first version while offering only "cosmetic changes to gloss over the serious and fundamental competition, pricing, and service concerns that were previously raised", BNSF said in an 8 May filing with the STB. In its updated analysis, UP said the combined railroad will hold a 39pc market share of US rail freight market, which the railroad says would put it roughly on par with BNSF by certain metrics. BNSF said that UP's actual market share would be considerably higher, a fact that it has downplayed in its application. "UP continues to lowball its projected market shares to the board but signals to Wall Street — the engine behind this proposed merger — that the market shares and pricing power will be even higher," BNSF said, urging the STB to reject the application again as incomplete. Canadian Class I railroads Canadian Pacific Kansas City and Canadian National both filed separate comments urging the STB to reject the application as incomplete, as did eastern US Class I railroad CSX. In response to the filings, UP on 12 May said its updated application "is comprehensive and complete, and provides all the information" that the STB needs, including market share data. The merger would create a single rail network stretching about 55,000 miles, handling about half of US freight traffic. UP and Norfolk Southern say that a coast-to-coast network will speed transit times by 24 to 48 hours and lead to greater efficiency. The two companies expect the transaction to be completed in the first half of 2027. The UP-Norfolk Southern merger will be the first test of STB rules enacted in 2001 requiring Class I railroads to demonstrate that major mergers enhance, rather than merely preserve, competitive shipping options. By Chris Baltimore Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

News

Australia secures 90,000t of urea via government scheme

13/05/26
News
13/05/26

Australia secures 90,000t of urea via government scheme

Sydney, 13 May (Argus) — Australia's federal government has secured 90,000t of urea across three cargoes under its underwriting scheme to support fertilizer imports in response to tight domestic and global supply, it said today. The government is working with fertilizer distributers Incitec Pivot and CSBP to import the 90,000t of urea through Export Finance Australia (EFA), agriculture, fisheries and forestry minister Julie Collins said on 13 May. The timeline for delivery of the cargoes was not disclosed. This is additional to Incitec Pivot's 250,000t of urea from Indonesian state-owned producer Pupuk, scheduled for delivery over May-December. More supply is expected to be announced in the coming days, Collins said. Urea imports fell by 3pc on the year to 572,300t in January-March, according to data from the Australian Bureau of Statistics, owing to dry summer conditions and low soil moisture levels. About 454,000t of urea is currently in transit to Australia for delivery through June, data from vessel-tracking platform Kpler show. The deals aim to protect importers from price volatility. Argus last assessed granular urea at A$1,430-1,440/t ($1,029–1,037/t) free carrier (fca) Geelong on 7 May, up by 72pc from levels before the US-Iran war began. ( see graph ) Australian farmers are preparing for top-dressing applications for the winter crop, but prompt supply is tight because of minimal trade through the strait of Hormuz. But Australian suppliers are concerned about the limited competition associated with these underwritten urea cargoes, market sources told Argus . The government said it is streamlining the Australian Competition and Consumer Commission to improve supply chain efficiency, as announced in the 12 May Federal Budget . By Susannah Cornford Granular urea fca Geelong A$/t Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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