Buying interest for granular MOP improved this week in Brazil and Northwest Europe, with the increased activity reaffirming price stability in these markets for the time being. Producers had been eagerly awaiting a pick-up in Brazilian demand following the Carnival holiday period last week, particularly as the Brazilian market typically tends to serve as a global spot benchmark for market participants. Product movement to key inland growing locations has reportedly picked up and importers have correspondingly registered greater interest in purchases from producers.
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