May 2017 Edition


Welcome to the May 2017 edition of  FERTINEWS!

This month of May was characterized by important events for the Fertilizer sector in West Africa. In fact, the West African Fertilizer Forum took place in Abidjan with the participation of more than 200 delegates; you will find in this edition a summary of the forum and a link to the presentations.
From 22 to 24 May, 1350 delegates attended in Marrakech the annual conference of IFA, during which a special focus on Sub-Saharan Africa, the fastest growing market for the fertilizer industry.
The coming months will also be marked by events such as the AFAP-CRU West African Fertilizer Agribusiness Conference, to be held in Accra from July the 10th to 12th and the African Green Revolution Forum in Abidjan from September the 4th to 8th.

As always, we are delighted to serve you! Good reading!

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Regional Fertilizer Retail Price Summary - May 2017

Commercial Market Prices (com) vs. Subsidized Prices (sub)
Product (US$/ton)
383 564 519 522 549 484 503 517
  450   274     250 357
  576   505        
        624   517  
383 529 502 500 485 506 567 517
  417   226       357


Benin: The Cotton Inter-Trade Association (AIC) of Benin fixed the selling price of fertilizers for the 2017/2018 season as follows:
• Cotton Fertilizers (NPK 14-23-14+5S+1B; Urea): 12.000 FCFA per 50 kg bag
• Cereals Fertilizers (NPK 14-23-14, NPK 15-15-15, Urea, MOP, SOP): 11.500 FCFA per 50 kg bag
Togo: The market was characterized by a revival of fertilizers' demand for food crops (NPK 15 15 15 and urea) due to the start of the first rains. However, supply has not followed demand, as most operators did not have fertilizers in stock yet. On the other hand, the prices did not vary significantly and remained between 13.700 and 15.700 FCFA per 50 kg bag, depending on the operators and the locality.
Burkina Faso: In Burkina Faso, subsidized fertilizers are still being distributed to the regional directorates. The arrival of the first rains has favored an increased sale of commercial fertilizers, since subsidized fertilizers are not in sufficient quantity for producers. Due to all these factors, commercial fertilizer sales are expected to remain on the rise for the next 4 weeks.
Côte D’Ivoire: In the north, there were heavy stormy and regular rains. This led to the implementation of food crops such as corn and the early fertilization of these crops, resulting in upward sales of NPK 15-15-15. In the north and northeast, cotton fertilizers are available in the agricultural cooperative stores. In the South, East and South-West zone, sales of NPK 0-23-19 cocoa fertilizer were down from the previous month despite the continuing rainfall. This could partly be explained by the purchase farm gate price of cocoa which has been revised downwards for this campaign. Nevertheless, sales have been on the rise for NPK 12-22-22 and urea on vegetable crops as well as NPK 15-15-15 on maize in southern areas of the country.
Ghana: Currently fertilizer products are either sold at commercial or subsidized price. This year's subsidy program has been launched with a 50% reduction for all fertilizer products under the program, and farmers are to pay GHS 57.50 for NPK and GHS 47.50 for Urea. According to agro-dealers in the southern sector there was improvement in sales in May as compare to last month. Meanwhile, dealers in the North were expecting the rains this month to do good fertilizer business.
Mali: In Mali, fertilizer sales have remained slow, except for a few cashew nut production areas such as Sikasso, Kolondièba and Dioïla where producers have invested part of the proceeds from the sale of their cashew nut in the purchase of fertilizer. The fertilizers that sold best in these three locations were NPK 15-15-15 and urea.
Senegal: In Senegal, wintering is approaching, and even if sales trends among resellers have not changed from the previous month, the fertilizer market is beginning to undergo changes, especially with the preparation of the implementation of agricultural subsidized inputs such as fertilizer which occupies a central place. The State of Senegal has already fixed the prices of subsidized fertilizers for the 2016 - 2017 season which are as follows:

- 270,600 FCFA / T, ie 55% subsidy rate for fertilizer NPK 6-20-10;

- 337,000 FCFA / T, ie 50% subsidy rate for fertilizer NPK 15-15-15;

- 292,100 FCFA / T, ie 50% subsidy rate for fertilizer NPK 15-10-10;

- 382,800 FCFA / T, ie 50% subsidy rate for fertilizer NPK 9-23-30;

- 331.200FCFA / T, ie 50% subsidy rate for fertilizer NPK 10-10-20;

- 352,400 FCFA / T, ie 50% subsidy rate for DAP fertilizer;

- 319.125FCFA / T, ie 50% subsidy rate for urea.

Nigeria: In many locations in the southern part of the country, the agro dealers that bought fertilizers from the Presidential Fertilizer Initiative has not ordered new trucks as they said the effort was not worth it. Prices were still currently capped at 5500 NGN at retail points allowing a margin of 500 NGN that becomes null if product is bought outside the blending state. As it is, 9 out of the 11 blending facilities are located in the northern part of the country. All urea to be sold must be registered with National Security Adviser (NSA) and approved a month before sales.

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International Fertilizer Prices through April 2017


Product (US$/ton, FOB bulk)
Urea (granular, Arab Gulf) 256 252 212 192
Urea (granular, Indonesia/Malaysia) 260 271 237 215
Ammonium Sulphate (China) 111 116 112 107
DAP (Baltic/Black Sea) 319 347 378 358
MAP (Morocco) 320 338 387 387
TSP (Tunisia) 278 280 283 283
MOP (Israel) 223 224 228 232
SOP (€, North West Europe) 435 435 435 435
NPK 16-16-16 (FSU) 245 255 271 268

Source: Argus FMB
Nitrogen: A regional divide opened up in the urea market, with the two main areas of spot activity in the last week of April – China and Egypt – showing diverging trends. Buoyed by demand from Australia for May, Chinese granular urea prices edged up $1- 2/t, whereas growing stocks of unsold urea obliged Egyptian producers to cut prices to $195/t fob. Brazilian buying sunk to a low level because it was the dead-season. Price offers fell from $220/t cfr to $213/t cfr in the last week of April without prompting any buying and have fallen further in May. The US was waiting for application of urea to begin on corn and rice and demand there should strengthen during May, but competitive offers from US producers would cap any potential increase in prices. Sales in the last week of April in Nola were in the range $185- 190/t cfr equivalent. Lower prices for urea would pull some buyers into the market and have prompted some traders to cover short positions, but overall supply looked way above demand for May .

Phosphate: The market east of Suez stabilized, possibly heading north even now that Indian DAP demand was back in force. Total buying in the last week of April was around 350,000t of Moroccan, Russian, Chinese and Jordanian with tenders announced for another 640,000t. A further 150,000t of buying was imminent against existing inquiries. Demand in other parts of Asia also emerged. Vietnam tendered for DAP and TSP end of April and an inquiry for 10,000t was also floated in Indonesia. In Japan, Ma'aden sold 15,000t DAP for May loading. Paradoxically, with the east stabilizing, the west weakened. Brazilian MAP import demand remains lackluster prompting sellers to lower offers to around $370/t cfr with reports of sales as low as $363/t cfr, thought to be top off tonnes from a Russian vessel. The quantity was around 6,000t. OCP said it would cut output by 100,000t/month in May and June as it takes rolling maintenance. The EuroChem Lifosa facility would run at less than 50pc of capacity in May. JPMC was still out. In the US, Mosaic had to purchase another two phosphate rock vessels for May and June shipment as the Bayovar rock mine remained inundated with flooding.

Potash: European granular MOP prices narrowed at end of April to €255-260/t cfr, from €250-260/t the previous week, as demand persevered on limited supply. Brazil also seemed to have an unquenchable thirst for granular MOP. Prices edged up to $255-265/t cfr for May shipment. In contrast, US granular MOP prices dipped to $218- 225/st on limited demand. Southeast Asia prices for standard MOP were steady in the last week of April, at $238-260/t cfr, but interest was growing in the region. The period 15-25 May in Asia could set the price tone for the rest of the world, for the rest of the year. Malaysian, Bangladeshi and Indonesian tenders — particularly one from Petrokimia Gresik — were all expected to close in the period, and IFA's Marrakech conference on 22-24 May is still the most likely time and place for Chinese seaborne contract negotiations to conclude. Read more


West African Fertilizer Forum  

On the 10th of May 2017, the West Africa Fertilizer Forum closed, a two-day meeting organized in Abidjan by the West African Fertilizer Association (WAFA) and Argus. During the conference, emphasis was placed on the low use of fertilizers in crops in West Africa and on the technological solutions available for better traceability and protection of fertilizers. In addition, discussions were held on the various constraints facing the distribution chain, such as policies that restrict or exclude competitive participation in the market, risks of credit related to suppliers, under-developed distribution networks and product markets, inadequate infrastructures at various points in the chain, high fertilizer costs and lack of market information.

For more information please download all the Forum’s presentations

The West African Fertilizer Association (WAFA)

The West African Fertilizer Association brings together the professionals in the fertilizer sector (importers, producers, processors, distributors) to have a common voice and action towards promoting rational efficiency of fertilizer in developing sustainable agriculture. The countries involved are all the countries members of ECOWAS. Their main objective is to promote access to quality and appropriate fertilizers among the farming population of West Africa. But also, engage authorities and policy makers in the development of regional agricultural policy in terms of agronomy, infrastructure, trade environment and financing with transparency in the overall interest of improving agriculture. More about The West African Fertilizer Association

2015-2020 Sub Saharan Fertilizer Market Outlook by Patrick HEFFER, IFA

During the West African Fertilizer Forum organized by the West African Fertilizer Association (WAFA) and Argus in Abidjan Côte d'Ivoire, Patrick HEFFER who is the Senior Director of Agriculture Service at the International Fertilizer Association (IFA) has been invited to present the forecast of Sub Saharan Fertilizer Market from 2015 to 2020. Click here to watch the video. (see above).


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Fertilizer News

SENEGAL: (May 04th 2017) - For its launch, GROUP ÉLÉPHANT VERT deploys from April to October 2017 a multichannel communication campaign, in Wolof and in French, aimed at discussing with farmers, decision-makers and consumers about issues related to Sustainable agriculture and sound agricultural practices …Read more

COTE D'IVOIRE: (May 10th 2017) - From May 9th to 10th 2017, the West African Fertilizer Forum took place in Abidjan. Organized by the West African Fertilizer Association (WAFA) Argus And the International Fertilizer Development Center (IFDC), the objective of the forum was to acquire new knowledge and to bring together the different actors of the fertilizer market in Africa and particularly in West Africa. … Read more

BURKINA FASO: (May 04th 2017) - The chemical fertilizer tender financed by the State budget has been awarded to the Chemical Industries of Senegal (ICS) and the BIODIS / COGEA Group. … Read more

GHANA: (May 16th 2017) - a bag of the granular fertilizer is now being offered to cocoa farmers at GH¢ 80.00, while a liter of the Liquid fertilizer is GH¢20.00, representing subsidies of 53.4% and 81.03% respectively … Read more

NIGERIA: (May 17th 2017) - Nigeria and Morocco have strengthened their business relationship by signing two agreements in Rabat. The first was the Joint Initiative on the Morocco –Nigeria Gas Regional Pipeline. The second bilateral agreement was on the Second Phase of the Fertilizer Initiative … Read more


Up-Coming Events

Developing Private Sector Agro-Input Markets
Date: June 5 – 9 2017
Venue: Dakar, Senegal

International Training Organized by IFDC
IFDC  is organizing a five-day training intended for key stakeholders involved in the design or implementation of targeted agricultural input subsidy interventions. The training program will highlight the successful experiences of different countries in sub-Saharan Africa, Eastern Europe and Asia and draw on realistic examples through the use of case studies. Click here to join


West African Fertilizer Agribusiness 2017
Date: July 10 – 12 2017
Venue: Accra, Ghana
International Conference Organized by CRU & AFAP

The West Africa Fertilizer Agribusiness Conference is the second special collaboration between CRU Events and The African Fertilizer and Agribusiness Partnership (AFAP). Together, we aim to establish a series of forums focused on creation of fertilizer’ demand and agribusiness across Africa. In order to achieve this, discussions will take a holistic view of the agribusiness value chain to explore how the public and private sectors can partner to create viable fertilizer markets and boost demand in Africa.
Click here to join

African Green Revolution Forum
Date: September 4– 8 2017
Venue: Abidjan, Côte d'Ivoire
International Conference Organized by AGRA

This year’s AGRF is co-hosted with the government of Cote d’Ivoire and is being held for the first time in Francophone West Africa.
An expected 750 delegates, sponsors and speakers including heads of state, development partners, academia, investors, business leaders will share their insights on how to align, create and leverage financial, technical, policy and market expanding resources to develop game-changing and inclusive agribusiness models for Africa to counter the major challenges facing the agriculture sector on the continent.
Click here to register


Phosphate Fertilizer Production Technology Markets
Date: October 2 – 6 2017
Venue: Marrakech, Morocco
International Training Organized by IFDC & IFA

IFDC  is organizing a five-day training course for engineers working in the fertilizer industry, especially those who have recently taken on new responsibilities, to renew or increase their technical knowledge in the production of phosphate fertilizers and to make engineers familiar with the best production processes available in the industry. Previous workshops have also attracted other fertilizer industry experts, such as senior managers, senior managers, and those involved in the environmental and research fields, who all found the program useful. Entrepreneurs also benefited from the program. Click here to join
The West Africa Fertilizer Program is a five-year USAID-funded project that seeks sustainably improved agricultural productivity through increased regional availability and use of quality and appropriate fertilizer in West Africa. 

About is a global initiative facilitating the exchange of information on soil fertility, fertilizers, and good agricultural practices in Africa.
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