Verde Agritech Ltd T.NPK

Purchases and prices of Brazilian fertilizers going up.

[Aton]

Now is probably a perfect timing to start a position, or load up, with shares in the most exciting fretilzer company world wide, Verde Agritech.

Purchases of Brazilian fertilizers for the 2022-23 soybean crop are set to increase in the first quarter of 2023


https://twitter.com/ArgusMedia/status/1608365495874379777

"..Phosphate-based fertilizers producers started pushing prices up in December after a months-long drop from 1,300/t cfr at the end of March. Prices are now assessed at $645/t cfr and more increases are expected."

https://www.argusmedia.com/en/news/2404828-viewpoint-favorable-barter-rates-to-increase-map-deals?utm_campaign=Oktopost-viewpoints-agriculture&utm_content=Oktopost-twitter&utm_medium=social&utm_source=twitter&utm_term=viewpoints-agriculture

[kanerfalk]

You know it's potash, not phosphates we produce.

[kanerfalk]

This is more relevant for Verde https://www.argusmedia.com/en/news/2405043-viewpoint-brazils-mop-market-slows-on-high-stocks?amp=1

[Benedictus]

  Thanks for posting this article kanerfalk. That is one of the most in depth real time reports of the Brazil MOP situation I've seen. Biggest concern to me was the details regarding Belarus. They are somehow getting low cost product out pressuring current spot prices further down, despite all the added delivery workarounds since losing access to the Klaipeda port in Lithuania