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Zimbabwe Seen Buying 70,000 Tons of Fertilizer, Chronicle Says

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Sept. 11 (Bloomberg) -- Zimbabwe will have to import about 70,000 metric tons of ammonium nitrate fertilizer to meet demand this season, the Chronicle reported, citing Mishek Kachere, a spokesman for Zimbabwe Fertilizer Corp. and Windmill (Pvt) Ltd.

Fertilizer makers have about 25,000 tons of the crop nutrient stockpiled, insufficient to meet demand of about 150,000 tons, the Bulawayo-based Chronicle said on its website. The producers can’t manufacture enough locally because they’re still owed funds from the last season, according to the report.

Zimbabwe expects normal to below-normal rains this farming season, which runs from November to May for crops such as corn, soy, barley and oil seeds. Demand for compound fertilizers, usually a mixture of ammonium nitrate and other chemicals, can be met locally, the state-controlled newspaper said.

To contact the reporter on this story: Brian Latham in Johannesburg at in Harare at blatham@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net.

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