# Brazil's 3Q potash imports reach record 4mn t | Latest Market News

> Brazil imported a record 4.1mn t of MOP in July-September as buyers secured supplies for soybeans before turning to the next corn crop. Granular MOP prices fell to $280-290/t cfr by late September from $305-320/t at the start of July.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/31550-brazil-s-3q-potash-imports-reach-record-4mn-t-latest-market-news
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Record import volumes show strong Brazilian potash demand, but falling cfr prices show seasonal softening and new Chinese and Indian contracts pressuring the market. Prices are likely to remain under pressure until the next buying season.

## Read by commodity

- POTASH: bearish ▼

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2615666-brazil-s-3q-potash-imports-reach-record-4mn-t

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.