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MercoPress, en Español

Montevideo, November 22nd 2024 - 07:59 UTC

Stories for March 9th 2017

  • Thursday, March 9th 2017 - 11:32 UTC

    Brazil's fertilizer market picks up strongly as sowing area expands

    Fertilizantes Heringer forecast that Brazilian fertilizer deliveries will rose 3.0% to 35m tons this year.

    Brazil's fertilizer market, having recovered to set a fresh all-time high last year, will expand further in 2017, Fertilizantes Heringer said, as it unveiled a jump in corn nutrient volumes, but a fallback in sales to coffee growers.

  • Thursday, March 9th 2017 - 11:28 UTC

    Brazilian economy two-year contraction is slowing

    The Purchasing Managers Index (PMI) for Brazilian services, compiled by Markit, rose to 46.4 in February from 45.1 in January, its highest mark since March 2015.

    Brazilian services activity contracted at the slowest pace in two years in February, contributing to signs that Latin America's economy may soon turn the corner on a deep recession. The Purchasing Managers Index (PMI) for Brazilian services, compiled by research firm Markit, rose to 46.4 in February from 45.1 in January, hitting its highest mark since March 2015.

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