Brazil: April SSP price unchanged amid low demand

摘要

Brazil's inland SSP prices have been flat at low levels through April, as competition for sales and declining MAP prices keep the market under downward price pressure. SSP stocks are understood to be high across inland Brazil with limited near-term demand. Latest 18-20% SSP prices are still pegged at $160-190/t CPT Rondonopolis with limited indications of sales at the high end of the range.