Brazil:
SSP prices firmed $10/mt at the top of the range to settle at $225-$250/mt CFR. With sources reporting limited availability of higher-concentration phosphates, SSP demand has increased.
Inland prices softened roughly 2.5% at the top of the range, slipping to $360-$370/mt FOB Rondonópolis. Several buyers are sitting on healthy inventories of SSP due to the cheaper year-to-date prices relative to higher-concentration product, and demand is muted due to the recent drop in soybean prices and reported difficulties in selling grain.