Fertilizer prices steady in July - Scot - Brazil

After two consecutive monthly declines, Brazilian fertilizer prices remained steady in July compared to June due to stable raw material prices on the international market and seasonally lower demand, according to local consultancy firm Scot.
Urea prices have averaged 895 reais/t (US$506/t) in July compared with 897 reais/t in June.
Potassium chloride is being sold for 1,105 reais/t, down 0.14% month-on-month, while single superphosphate is at 585 reais/t, 0.11% lower than in June.
As demand is expected to improve in the second half, when 65% of annual fertilizer deliveries normally take place, prices are forecast to increase through the end of the year, Scot said.
Brazilian deliveries rose 4.2% to 8.62Mt in January-June from 8.27Mt in the same period of 2009, according national fertilizer distributors association Anda.