Expana clarifies the Incoterm of its South America DCP import spot Expana Benchmark Price

Expana wishes to clarify the Incoterm of its South America dicalcium phosphate (DCP) import spot Expana Benchmark Price with the Expana Code 24680.

The Incoterm had been specified as FOB Sao Paulo, but the assessment has always reflected the price for Southern Brazil as the majority of imported feed phosphate enters Brazil via the states of Santa Catarina (Port of Sao Francisco do Sul) and Parana (Port of Paranagua).

This clarification to FOB Southern Brazil does not impact any historical price assessments as Expana is only updating the Incoterm to accurately reflect the existing assessment.

Please send any questions or comments to [email protected] and clearly state which market note your comments relate to, and if the comments are intended for publication by Expana.

Expana will acknowledge receipt of all comments by email.