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Bullboard - Stock Discussion Forum Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

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... see more

TSXV:IFOS - Post Discussion

Itafos Inc > Fertilizer markets boom on mixed fundamentals...
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Post by midard on Jun 11, 2021 10:06pm

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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