Brazil:
SSP 19-21 imports dropped to $197-$240/mt CFR from last week’s $220-$250/mt CFR, with pricing at the bottom of the range associated with SSP-19 positioned near the destination port.
Inland prices remained firm despite a drop in CFR levels, lifting to $360-$380/mt FOB Rondonópolis. August import forecasts remained below the five-year average, potentially supporting prices, though domestic production has played an important role in balancing supply and demand in the domestic market considering the ongoing import uncertainties.