Brazil: More reports of MAP sales at $725-730/t CFR

摘要

Brazil’s MAP spot prices have fallen on the back of aggressive supply from China, though other sellers are also reported to have lowered their offer levels over the last week. There are further reports of sales of Chinese MAP 11-52 product as low as $725/t CFR, with some sources suggesting two large cargoes had been settled at $725-730/t CFR.