US Gulf:
Market players reported US Gulf import prices firming to $105-$110/mt CFR, up from $80-$90/mt CFR at last report. Sources continued to note increased activity from both Morocco’s OCP and buyers in Chile – combined with high freight costs – as putting upward pressure on the market.
Brazil:
Brazil import prices moved up roughly 9% week-over-week, to $115-$130/mt CFR from $110-$120/mt CFR in the prior report.