CRC import price offers decline slightly in Brazil

Wednesday, 04 October 2023 20:06:14 (GMT+3)   |   Sao Paulo
       

CRC imports in Brazil are negotiated in average at $880/mt, CFR conditions, against $890/mt two weeks ago, according to sources.

In August, Brazil exported 1,712 mt of CRC, in average at $1,280/mt, and imported 37,900 mt of the product at $728/mt, both FOB conditions.

Still reflecting exchange rate variations, in the Brazilian domestic market, CRC of the basic commercial grades is offered in medium to large volumes by the producers at BRL 6,200/mt ($1,209/mt), against BRL 6,300/mt two weeks ago, ex-works, no taxes included.

In the Brazilian domestic market, the premium in relation to the price of a similar imported product, after clearing customs, is now 13 percent, against 18 percent two weeks ago, according to sources.

USD = BRL 5.13 (October 4)


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