Brazil:
Brazil SSP 19-21 softened to $190-$210/mt CFR, players said, down from last week’s $190-$230/mt CFR, with players attributing the decline to increased supply from Egypt and China. Local product was reported at $250/mt FOB Cubatão.
Prices moved lower at Rondonópolis this week. Negotiations were reported in the $305-$340/mt FOB range, off from last week’s $310-$345/mt FOB. As with TSP, sources reported ample supply in the inland markets.