Bolivian urea is 36% cheaper and saves production costs for national agriculture – BNamericas English

npressfetimg-901.png

This MHE launch was revealed using machine translation.

UCOM-MHE- 29 -09-2021.- The worth of imported urea is round $ 800 per metric ton (MT), however As a Outcome of of the reactivation of opperiodtions of the Ammonia and Urea Plant (PAU), the nationwide agriculture Can buy this fertilizer Inside the home market at a promotional value of US $ 510 per MT till October, Which suggests a 36% financial savings in manufacturing prices.

The Minister of Hydrocarbons and Power, Franklin Molina, clarified thOn the worth of urea fluctuates Based mostly on the parameters of the inventory market in Brazil, The primary shopper of this product. However, with the fixed worths and with a promotional supply that establishes The worth at US $ 510 per MT, “Bolivian producers save As a lot as US $ 290 per MT”.

“A particular worth is dealt with for the home market and one other for the overseas market, prioritizing that urea is cheaper for our Bolivian producers, in compliance with a State covperiodge of our Authorities,” said Molina.

Bolivian Fiscal Oil Fields (YPFB) established The worth of the MT of urea at US $ 554; However, as a promotional supply for the months of September and October, it launched an 8% low cost that leaves the MT of the fertilizer at US $ 510.

As a Outcome of the resumption of opperiodtions on September 6, the PAU has progressively enhanced its manufacturing performance and till September 2022 it estimates That it will commercialize 590,000 MT Inside The within and exterior market.

On This method, the plant ensures its profitability and the period of income for the nation, since Even when it opperiodtes solely at 55% of its performance, it has an Inner Price of Reflip (IRR) of 12.92%.

The Minister of Hydrocarbons and Energies extremelighted the reactivation of the PAU as a pillar of the industrialization of pure assets to develop agricultural manufacturing Inside the nationwide territory, which in flip drives the nation in the direction of meals sovereignty.

Prime extreme quality product

The fertilizer manufactured Inside the Bulo Bulo Petrochemical Complicated has extreme effectivity To enhance the productiveness of the crops. This was verified by businessmen from the Japanese Chamber of Agriculture (CAO), the Affiliation of Oilseed and Wheat Producers (Anapo) and the Affiliation of Fruit and Vegetable Producers (Asohfrut) after a go to to the demonstration plots of Bolivian Fiscal Oilfields ( YPFB), enriched with urea from PAU On the fairgrounds of the Santa Cruz Agricultural Enchancment Basis (Fundacruz), in Warnes, Santa Cruz, on September 10.

Likewise, The top of this state portfolio Recognized that nations Similar to Brazil, Argentina and Peru Want To buy the fertilizer produced Inside the PAU, which confirms thOn the plant’s manufacturing has a assured market.

“The important factor is thOn the plant can genperiodte annual income of As a lot as $ 300 million from the sale of urea, (…) Counting on fluctuations in The worth of the worldwide market. Which means By way of The Almost 22 months thOn the PAU was paralyzed By way of the de facto government, the nation stopped receiving vital income ”, he concluded.

npressfetimg-750.png
agriculture

Kroger Atlanta Division, G&R Farms Raises $9,000 for Agriculture Students – PerishableNews

ATLANTA –  Kroger partnered with produce supplier G&R Farms of Glennville, Ga. in Mig…….

Read More
npressfetimg-749.png
agriculture

Agricultural Equipment Market Sales to Exceed 6.7 Mn Units by 2031-end, as Adoption of Smart-Modern Farm Machinery within Agriculture Sector Rises: Future Market Insights – Yahoo Finance

A full agricultural gear market evaluation conduction by FMI, uncovers essential trfinish and altern…….

Read More
npressfetimg-746.png
agriculture

It Happened Here: Washington becomes nation’s leading apple producer – Kokomo Perspective

Certainly the apple is the noblest of fruits.— Henry David ThoreauRegardless of wright here You re…….

Read More