US Gulf:
NOLA TSP barge prices fell 3.3%, to $430-$445/st FOB from last week’s $440-$465/st FOB.
Eastern Cornbelt:
TSP was quoted at $520-$545/st FOB in the Eastern Cornbelt, with the low reported at Cincinnati. Delivered pricing in Michigan was pegged at the $565/st level.
Western Cornbelt:
TSP was unchanged at $515-$535/st FOB in the Western Cornbelt, with the low confirmed at St. Louis.
Brazil:
Imported TSP prices continued at $425-$435/mt CFR. Increased tonnage from Morocco is expected to drive higher import numbers in 2024, sources said.
Sellers rescinded their discounts for TSP during the week, lifting Rondonópolis prices to $540-$555/mt FOB ex-warehouse from the prior $520-$530/mt FOB. There were reports of interested buyers at the higher levels, who are seeking alternative sources of phosphorus due to the strong MAP market.