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Porto Alegre, Brazil partially reopens post-flood

  • Spanish Market: Agriculture, Fertilizers
  • 17/06/24

The Porto Alegre port, in Brazil's flood-hit southern Rio Grande do Sul state, partially resumed operations last week while other area ports continue to recover.

Activities had been suspended at Porto Alegre since 2 May, following the unprecedented floods that hit the state in late April and May, but there was a partial reopening on 14 June.

Porto Alegre is still carrying out cleaning and maintenance, and port authority Portos RS is still analyzing damage to infrastructure. The first operation will take place at the POA02 terminal, leased by logistic firm Serra Morena. The 60,456 dwt bulk carrier Nord Mississipi will be unloading inputs for fertilizer production.

Porto Alegre is one of three ports in Rio Grande do Sul, along with Pelotas and Rio Grande. Pelotas was also hit by the floods but resumed operations on 21 May.

The port of Rio Grande did not suspend operations but has had to reduce the draft of ships allowed in to port because of debris and sediment left by the flooding. The draft at the Bunge, Bianchini and Termasa/Tergrasa terminals was reduced to 12.8 meters (42ft) on 21 May and is now 11.9m.

Rio Grande do Sul is once again on alert because of the forecast of new rains in the state over the next few days.


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Morocco’s OCP develops 5-42 fertilizer


05/11/25
05/11/25

Morocco’s OCP develops 5-42 fertilizer

London, 5 November (Argus) — Major Moroccan phosphates producer OCP has added NP 5-42 to its list of products. The product is a compound NP under HS code 310559, with ammonia the source of nitrogen in its production. But OCP is marketing NP 5-42 as part of its initiative on triple superphosphate (TSP) and says it is compatible with sources of nitrogen — notably urea, amsul, AN and CAN — for mechanical blending and steam granulation. Standard TSP contains 46pc P2O5 and no nitrogen. It contains the same percentage of P2O5 as DAP, but less than the 52pc of P2O5 in the standard MAP grade that OCP produces. OCP is focusing on Europe for NP 5-42 but might begin to offer it elsewhere in the future. Prices have not yet emerged. European phosphates offtake is slow as the market focuses on securing nitrogen. European buyers say the introduction of NP 5-42 has come too late for NPK blenders for this season, and that they might be reluctant to deviate from their customary raw materials. DAP and MAP exports to Europe from the Moroccan port Jorf Lasfar totalled 585,000t and 209,000t, respectively, in January-October, according to lineup data. TSP exports from Jorf Lasfar to Europe reached 96,000t during the same period. OCP is ramping up its capacity and output of TSP with a particular increase in shipments to Brazil and India. Its TSP volumes will include customised formulas, including NP 5-42. Moroccan TSP capacity has risen to 2.98mn t/yr from 2.28mn t/yr in 2024, according to Argus Analytics, and is forecast to reach 4.88mn t/yr by 2028. OCP's focus on TSP stems partly from a desire to limit its exposure to volatile import prices for its ammonia feedstock. DAP contains 18pc nitrogen, compared with TSP's zero nitrogen content. The 5pc nitrogen in OCP's NP 5-42 product therefore reduces ammonia feedstock demand by around 72pc on a tonne-for-tonne basis, compared with DAP. Prices for ammonia delivered to Morocco have increased by nearly 50pc since June and were last assessed at $590/t cfr on a midpoint basis on 30 October. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Sweden’s Cinis to pause SOP output in November


05/11/25
05/11/25

Sweden’s Cinis to pause SOP output in November

London, 5 November (Argus) — Swedish fertilizer firm Cinis is to suspend production at its 100,000 t/yr SOP plant in Ornskoldsvik, Sweden, from mid-November. The company expects to pause output for 4-6 weeks to carry out "technical improvements", including increasing cooling capacity and installing a more efficient dust filter system. Cinis in October abandoned its target to reach capacity at the plant by the end of this year, citing the need for more capital than expected. It is still conducting a strategic review, with the aim of reducing input costs, increasing SOP output capacity and achieving higher prices for finished product. Cinis produced 5,000t of water-soluble SOP at Ornskoldsvik in September, down by 10pc on the month, indicating that the plant has been operating at 60pc of capacity. These volumes were sold to Netherlands-based Van Iperen, which has an offtake agreement with Cinis. By Aidan Hall Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

РЖД сохраняет прогноз погрузки со снижением на 6%


04/11/25
04/11/25

РЖД сохраняет прогноз погрузки со снижением на 6%

Moscow, 4 November (Argus) — Погрузка на сети российских железных дорог по итогам текущего года составит примерно 1 111,8 млн т, что на 6% ниже уровня прошлого года, сообщила заместитель генерального директора РЖД — начальник Центра фирменного транспортного обслуживания (ЦФТО) Ирина Магнушевская на брифинге в конце октября. Она отметила, что в целом снижение показателя связано с внутрироссийскими перевозками, тогда как по экспорту в ряде сегментов наблюдается хороший рост. В начале второго полугодия госкомпания ожидала снижения в пределах 5%. Перевозки контейнеров по сети РЖД прогнозируются по итогам года на уровне 7,5 млн в 20-футовом эквиваленте (TEU), что примерно на 5% меньше, чем годом ранее. Снижение связано со слабой активностью импортеров в этом году. В начале года госкомпания ориентировалась на рост в сегменте на 1,5% к 2024 г., до 8 млн TEU. Магнушевская отметила положительную динамику погрузки зерна в сентябре — октябре, связанную с высоким урожаем, который ожидается в этом году на уровне 135—137 млн т. Также мы наблюдаем осенний рост перевозок строительных грузов, по итогам октября отставание от уровня 2024 г. оказалось минимальным, на уровне 1%, тогда как накопленным итогом за 10 месяцев фиксируется снижение на 11,9%. В свою очередь объемы перевозок нефти и нефтепродуктов сокращаются ввиду внеплановых ремонтов на предприятиях, — рассказала руководитель ЦФТО. В ноябре и декабре снижение погрузки относительно аналогичных месяцев 2024 г. ожидается на 2,6% и 4,8% соответственно. Магнушевская добавила, что скачкообразного роста заявок на ноябрь, перед индексацией тарифа РЖД с 1 декабря, не наблюдается — заявки поступают довольно равномерно. РЖД предварительно закладывает на 2026 г. рост погрузки на 0,6% к текущему году. Но со своей стороны мы, конечно, надеемся на положительные изменения в областях, на которые мы повлиять не можем, в том числе на рост экономики страны в целом, и будем работать над тем, чтобы вырасти на 6%, которые мы в этом году потеряем к уровню 2024 г., — заключила Магнушевская. Константин Мозговой ___________________ Больше ценовой информации и аналитических материалов о рынке транспортировки навалочных, генеральных грузов и контейнеров — в ежемесячном отчете Argus Логистика сухих грузов . Подписаться на аналитический дайджест Вы можете присылать комментарии по адресу или запросить дополнительную информацию feedback@argusmedia.com Copyright © 2025. Группа Argus Media . Все права защищены.

Mexico factory contraction eases in October


04/11/25
04/11/25

Mexico factory contraction eases in October

Mexico City, 4 November (Argus) — Mexico's manufacturing sector contracted in October for a 19th consecutive month, but at a slower pace, according to the Mexican finance executives' association IMEF purchasing managers' survey. The manufacturing purchasing managers' index (PMI) rose to 47.2 from 46.0 in September, its third consecutive monthly increase and closer to the 50-point threshold that would mark the beginning of expansion. The uptick suggests the deceleration seen over the last 19 months has become "less pronounced, although without clear signs of expansion," said IMEF. Any "recovery in the manufacturing sector is still partial," it added. IMEF added prospects for recovery are deeply uncertain with discussions just beginning in the process to review and likely re-negotiate the USMCA free trade agreement with the US and Canada by July 2026. While the process could bring clarity to US tariffs enacted this year and ongoing treaty disputes, the "process is taking place within a challenging international context, given [US President Donald] Trump's tariff strategy and the volatility of his trade decisions." Key sub-indexes also rose in October, with new orders jumping 4.5 points to 47.2 and production moving 2.3 points higher to 46.7, both in their 19th month of contraction. But employment slipped to its lowest level since June 2022, dropping 0.9 points in October to 42.6, holding in contraction for a 21st month, and "underscoring the weakness in the industrial labor market." Inventories fell back into contraction in October, dropping 5.9 points to 46.3 after briefly climbing above 50 in September. IMEF's non-manufacturing PMI entered expansion territory for the first time in 10 months, rising 1.3 points to 50.4 in October, "suggesting a possible turning point in the performance of the services and trade sectors," IMEF said. New orders rose by 2 points to 50.8 in October after a 0.9-point dip in September. The production sub-index increased by 3.3 points to 50.5, while employment fell 0.5 points to 48.5. Despite improvements, IMEF stressed the long-term PMI trendlines for both the manufacturing and non-manufacturing index remain below 50 points, suggesting the recent increases "have yet to consolidate into a substantive change in economic dynamics." By James Young Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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