Brazil: Mosaic told analysts on April 12 that it sold a record amount of MicroEssentials in Brazil and Paraguay in 2016 – totaling 750,000 mt – and it expects 2017 volumes to grow to over 1 million mt/y now that it has increased its New Wales, Fla., capacity to 3 million mt/y.
The company reported that over a third of its overall sales in Brazil are single products, such as potash, MAP, and SSP. The rest are customized blends of NPK and micronutrients.
Overall, Mosaic said it has the highest volume of premium products on the market today.