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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Chemicals Basic Materials
Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


TSXV:IFOS - Post by User

Itafos Inc
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Post by midardon Jun 11, 2021 10:06pm
247 Views
Post# 33377097

Fertilizer markets boom on mixed fundamentals...

Fertilizer markets boom on mixed fundamentals...

Some of the biggest gains for fertilizer prices have been seen across the phosphates network. The market is tightly inventoried and major exporters China and Morocco have little to offer. Feedstock costs have also led to higher costs for phosphate fertilizer producers.

Activity in Latin America is booming, as Brazil monoammonium phosphate (MAP) prices have broken the $700/tonne CFR (cost and freight) barrier. MAP prices have increased in recent weeks on the back of poor weather in Brazil, rising demand for soybean and high freight rates.

read more:
https://www.icis.com/explore/resources/news/2021/06/11/10651285/insight-fertilizer-markets-boom-on-mixed-fundamentals

Feedstock sulphur is being supported by the current strength of phosphates.


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