Brazil: MAP price declines on low demand

摘要

Brazil's MAP price declined slightly for the second week running, reaching $395-400/mt CFR this week. Weak seasonal DAP/MAP demand in Brazil offset tight availability with offers from some suppliers now reported at around $400/mt CFR. Still, Mosaic has increased its MAP offer to $410-415/mt CFR and OCP is yet to offer MAP to Brazil for January shipment.