Brazil: Delivered prices extend drop to $310-320/mt CFR

摘要

Delivered MOP prices into Brazil extended their decline this week, with the range now assessed at $310-320/mt CFR, marking a $55/mt, or 15% drop, since the start of the year. August sales into Brazil have been widespread in the range above, according to producer sources who until as recently as last month were holding out for $340-345/mt CFR.