SSP

Brazil:

SSP prices softened to $200-$240/mt CFR in Brazil, off from the $215-$250/mt CFR reported last week. Reports indicated ample availability, with most seasonal demand already covered. January-June SSP imports grew 33.8% year-over-year.

The Rondonópolis market followed the broader phosphate market higher, to $360-$380/mt FOB from $355-$380/mt FOB, with sources reporting adequate supply. SSP-23 saw even higher availability, with prices noted at $400-$410/mt FOB.