Argus Media

As compras de fertilizantes para a segunda safra de milho 2026-27 do Brasil se aceleraram, mas preços acima do esperado pelos agricultores e a ampla janela de compras mantêm as importações de nitrogênio abaixo do nível do ano anterior.  Acompanhe a conversa entre Renata Cardarelli e Gisele Augusto, que produzem o relatório Argus Brasil Grãos e Fertilizantes.

 

Os tópicos discutidos neste episódio incluem:

 

Parcela das necessidades já supridas de fertilizantes para a safrinha 

Queda de preços cria oportunidade de compra

Guerra no Oriente Média e restrições da China às exportações 

Preferência por sulfato de amônio

El Niño e limitações no crédito agrícola: 

Perspectiva e reposição de estoques

Purchases of fertilizers for Brazil's 2026-27 second corn crop have accelerated, but prices remain higher than farmers expected and the extended purchasing window is keeping nitrogen imports below last year's levels. Listen to the discussion between Renata Cardarelli and Gisele Augusto, who produce the Argus Brazil Grains and Fertilizersreport.

Topics covered in this episode include:

 

The share of fertilizer requirements already secured for the second corn crop

Lower prices creating buying opportunities

The Middle East conflict and China's export restrictions

Preference for ammonium sulfate

El Niño and agricultural credit constraints

Market outlook and inventory replenishment strategy

Freight rates have gone vertical.

With tanker costs doubling in September and new threats to Saudi export infrastructure, the economics of oil trade are changing fast.

This week on Strait Talk, Argus experts unpack the freight crisis, the growing pressure on Red Sea and Hormuz shipping routes, and what it means for global oil markets.

In this week's episode, Tom Reed is joined by John Olett, Head of EMEA Freight, and Nader Itayim, Head of Dubai Editorial examine the military, shipping and market developments shaping Middle East crude flows.

Geopolitics drives mineral markets. Ed Conwayjoins Argus to explore trade wars, rare earths, and if the West can rebuild critical mineral supply chains.

The US Gulf Coast gasoline market has undergone notable shifts in 2026, driven by the lasting effects of the US-Iran conflict, changing domestic fuel movements and the seasonal transition to higher-RVP winter gasoline specifications.

In this episode of Driving Discussions, Argus experts examine how the temporary Jones Act waiver reshaped Gulf Coast gasoline and blendstock flows, redirecting volumes from the Bahamas to direct shipments between US ports and increasing movements to both the West Coast and Atlantic Coast. The discussion also explores how tightening inventories, strong export demand and ongoing supply concerns have continued to support gasoline prices, even as the summer driving season comes to an end.

As the market moves through the fall RVP transition, our specialists analyze evolving blending economics, changing demand for key gasoline components and the supply factors that market participants should watch in the months ahead.

Key topics covered:

How the US-Iran conflict and Jones Act waiver reshaped Gulf Coast gasoline and blendstock trade flows

Why Florida and the Atlantic Coast have become key drivers of Gulf Coast gasoline demand

The supply, inventory and export trends supporting gasoline prices despite seasonal demand declines

How the fall transition to higher-RVP gasoline is changing blending economics and component demand

What refiners, traders and market participants should monitor as regional supply balances evolve

Tune in for expert analysis of the market dynamics shaping the US Gulf Coast gasoline sector and the outlook for pricing, trade flows and blending economics heading into the winter gasoline season.

Physical vs. paper disconnect. Crude, diesel and freight markets are signalling stress that futures prices aren't yet capturing — driven by Middle East pipeline disruptions and restricted flows through critical maritime chokepoints.

Fragile recovery reversing. A tentative summer rebound in regional exports is losing ground as shipping attacks intensify and instability spreads along key routes.

A genuine fork in the road. Either flows are restored and inventories rebuild gradually, or exports fall further — forcing rebalancing through demand destruction: price shocks first, then a broader economic slowdown.