Brazil LATIN AMERICA

摘要

The lower granular MOP price tendency continues, with prices now ranging $210-225/t cfr. The willingness of suppliers to undercut each other is the major determinant of prices at present, and is leading to a larger price spread. Certain suppliers continue to offer at $220-225/t cfr, but face competitors offering at $215/t cfr and some selling at $210/t cfr. Certain suppliers that sold at $225/t cfr only a few weeks ago said they now have to readjust their price targets lower.