TSP

US Gulf:

NOLA TSP barges were steady at last week’s $505-$510/st FOB level.

Eastern Cornbelt:

TSP remained at $555-$565/st FOB for limited tons in the Eastern Cornbelt, with the Cincinnati market quoted at the low end of the range for mid-September tons.

Western Cornbelt:

TSP was unchanged at $550-$560/st FOB for limited prompt tons in the region, with rail-DEL offers also reported at the $550/st level in Iowa.

Brazil:

Imports declined $5/mt at the bottom of the range, to $505-$510/mt CFR, reflecting weak offseason demand. TSP offers remained limited as well, with the September import lineup estimated at 150,000 mt.

Despite the low demand, prices widened to $635-$660/mt FOB Rondonópolis from $635/mt FOB at last report.