US Gulf:
NOLA TSP barges moved up $14/st at the top of the range, to $425-$449/st FOB from the prior $425-$435/st FOB, with tons priced at the range’s low side reported trading early in the week.
Eastern Cornbelt:
TSP was unchanged at $500-$510/st FOB in the Eastern Cornbelt, with the lower end of the range reported at Cincinnati.
Western Cornbelt:
TSP remained at $510-$520/st FOB in the Western Cornbelt, with the low reported at St. Louis.
Great Lakes:
Delivered TSP was quoted at the $548/st level for May-June tons in central Michigan.
Brazil:
Landed TSP prices firmed to $425-$435/mt CFR from last week’s $415-$420/mt CFR, closing out May with a 2.4% price increase compared to April. The next round of TSP imports is expected in August, sources said.
Following a week of high demand, some Rondonópolis players reportedly pulled their TSP prices, resulting in an uncertain market. While pricing is generally expected to continue trending higher through the near term, the combined lack of availability and suspended price lists put the market at $560/mt FOB for the week.