SSP

Brazil:

The Brazil SSP market softened $10/mt on the low end, slipping to $215-$250/mt CFR from $225-$250/mt CFR. With significant demand already covered, sources reported plentiful availability.

Buyers are well-positioned after recording larger purchase volumes due to the ongoing shortage of higher-concentration phosphates. Shipments scheduled for August were expected to arrive in Brazil in November.

SSP prices ticked lower at Rondonópolis, to $355-$380/mt FOB from $360-$380/mt FOB in the previous week.