US Imports:
SOP imports shot 364.7% higher in June, to 12,157 st from 2,616 st in June 2023. Imports moved 16.3% lower in July-June, however, to 100,089 st from the previous year’s 119,544 st. Canada held the top import spot for July-June with 46,466 st, beating 40,675 st from Germany. Belgium added 7,379 st.
US Exports:
June SOP exports rose 32.9%, to 836 st from the year-ago 629 st. July-June exports fell 47.1%, however, to 23,381 st from 44,201 st in the prior year. Mexico purchased 11,239 st of US product in July-June, followed by Canada with 7,637 st. Exports to Singapore were steady at 2,142 st.
California:
SOP pricing slipped to $615-$640/st FOB for the latest offers in California.
Pacific Northwest:
The SOP market was steady at $640-$650/st FOB in the Pacific Northwest.