For the Quarter Ending June 2026
Benzene Prices in North America
- In USA, the Benzene Price Index rose by 58.62% quarter-over-quarter, driven by strong contract re-pricing.
- The average Benzene price for the quarter was approximately USD 1401.67/MT, reflecting broader spot influences.
- Benzene Spot Price remained volatile amid export demand swings, keeping the Benzene Price Index mixed.
- Benzene Price Forecast shows short-term range-bound movement as export arbitrage and downstream weakens and tightens.
- Benzene Production Cost Trend eased as WTI pressures declined, reducing extraction economics and encouraging destocking.
- Benzene Demand Outlook remains muted with styrene and phenol runs subdued, limiting offtake and restocking.
- Benzene Price Index resilience tied to lower inventories and export inquiries, supporting occasional short rallies.
- Major producer run rates and refinery maintenance altered flows, influencing Benzene Spot Price dynamics regionally.
Why did the price of Benzene change in June 2026 in North America?
- Ample supply and lower crude reduced production cost support, prompting sellers to lower offers aggressively.
- Weak styrene and phenol derivative demand curtailed offtake, leaving barrels in tanks and pressuring spot quotations.
- Improved geopolitics eased freight and insurance premiums, while import inflows increased, further deepening regional length.
Benzene Prices in APAC
- In Japan, the Benzene Price Index rose by 7.84% quarter-over-quarter, supported by stronger export demand.
- The average Benzene price for the quarter was approximately USD 788.33/MT, reflecting Tokyo export demand patterns seasonally.
- Benzene Spot Price in Tokyo reflected firmer regional gasoline crack spreads and constrained refinery output this quarter.
- Benzene Price Forecast indicates modest upside risk as export demand strengthens and inventories remain relatively tight.
- Benzene Production Cost Trend rose slightly driven by higher naphtha feedstock prices and tighter utility margins.
- Benzene Demand Outlook for petrochemical derivatives showed seasonal recovery, supporting regional margins and plant run rates.
- Price Index movements correlated with export cargo nominations and logistical constraints affecting timely shipments across APAC.
- Several major producer outages tightened supply, while inventory drawdowns amplified Benzene Price Index strength during the quarter.
Why did the price of Benzene change in June 2026 in APAC?
- Export demand from Japan increased, tightening regional availability and pushing Benzene Price Index higher in June.
- Refinery maintenance and selective turnarounds reduced feedstock supplies, elevating production costs and limiting spot volumes significantly.
- Logistical constraints and stronger regional cargo nominations delayed shipments, exacerbating inventory draws and tightening local markets.
South Korea
- In South Korea, the Benzene Price Index rose by 29.96% quarter-over-quarter, from tight supply and downstream-rates.
- Inventory builds and resumed naphtha-flows further pressured the Benzene Spot Price, weakening Price Index momentum.
China
- In China, the Benzene Price Index rose by 26.22% quarter-over-quarter, reflecting crude cost and shipping disruptions.
- Benzene Spot Price moved erratically, while the Price Index signalled volatility amid weekly supply signals.
Benzene Prices in Europe
- In Germany, the Benzene Price Index rose by 31.84% quarter-over-quarter, reflecting tightened regional supply conditions.
- The average Benzene price for the quarter was approximately USD 1217.33/MT, per Hamburg FOB assessments.
- Benzene Spot Price reactions mirrored Brent volatility and export enquiries, tightening prompt availability in Hamburg.
- Benzene Price Forecast shows limited upside risk amid geopolitical shipping threats and returning cracker output.
- Benzene Production Cost Trend increased as naphtha and crude elevated extraction expenses and reformate premia.
- Benzene Demand Outlook firmed with styrenics restarts and export enquiries, supporting sustained merchant buying interest.
- Benzene Price Index volatility reflected rail delays, insurance cost increases, and intermittent cracker maintenance impacts.
- Lean inventories in Hamburg and diverted exports amplified seller leverage, sustaining firmer short-term FOB offers.
Why did the price of Benzene change in June 2026 in Europe?
- Brent crude weakened sharply, reducing benzene production cost support and pressuring FOB offers across markets.
- Rail logistics disruptions delayed inland restocking, tightening effective Hamburg availability and tightening prompt regional supply.
- Mixed downstream demand and regional maintenance cycles shifted buying behaviour, significantly amplifying short-term price swings.
Netherlands
- In the Netherlands, the Benzene Price Index rose by 32.19% quarter-over-quarter, due to crude-driven feedstock increases and logistics.
- Benzene Spot Price showed weekly volatility as Brent-driven naphtha costs and shipping disruptions influenced offers.
UK (United Kingdom)
- In United Kingdom, the Benzene Price Index rose by 31.33% quarter-over-quarter, driven by tighter supply.
- Volatile Benzene Spot Price reflected Brent swings while the Price Index tracked changing import parity.
Benzene Prices in MEA
- In Saudi Arabia, the Benzene Price Index rose by 54.0% quarter-over-quarter, driven by supply outages.
- The average Benzene price for the quarter was approximately USD 1215.00/MT, reflecting CFR Al Jubail.
- Benzene Spot Price showed volatile weekly spikes amid sudden export curtailments and elevated arbitrage regionally.
- Benzene Price Forecast signals near-term firmness as refinery outages and shipping diversions outweigh softer crude.
- Benzene Production Cost Trend increased with naphtha and crude volatility, elevating extraction economics regionally further.
- Benzene Demand Outlook remains steady as styrene and phenol producers operated at rates supporting offtake.
- Benzene Price Index strength reflected tight prompt availability, constrained exports, and freight and insurance premiums.
- Inventory movements and resales eased some tightness, yet port delays and reroutes kept offers elevated.
Why did the price of Benzene change in June 2026 in MEA?
- Acute regional outages and unplanned refinery shutdowns sharply reduced benzene exports and domestic reformate availability.
- Freight rerouting and higher insurance premiums lengthened voyage times and raised delivered costs for imports.
- Crude price fluctuations moderated production-cost pressure, but tight prompt supply and derivative demand supported offers.
Benzene Prices in South America
- In Brazil, the Benzene Price Index rose by 42.37% quarter-over-quarter, reflecting strong short-term bullish pressure.
- The average Benzene price for the quarter was approximately USD 1200.67/MT, reflecting mixed weekly volatility and regional arbitrage closure.
- Benzene Spot Price showed volatile weekly swings driven by feedstock crude and international logistics disruptions.
- Benzene Price Forecast anticipates range-bound movement as downstream demand contrasts with sustained cost pressures near-term.
- Benzene Production Cost Trend tightened as crude and naphtha volatility elevated extraction and reformate economics.
- Benzene Demand Outlook weakened mid-quarter as styrene and phenol downstream offtake softened across regional markets.
- Benzene Price Index movements were amplified by seasonal stockbuilding, export arbitrage closure, and domestic cracker operations.
- Benzene Spot Price softness late June reflected sustained refinery runs, ample imports, and falling WTI benchmarks.
Why did the price of Benzene change in June 2026 in South America?
- Softer crude and naphtha reduced production costs, eroding cost support and prompting sellers to offer discounts.
- High domestic cracker runs and steady imports increased supply, pressuring spot availability and lowering offers.
- Weak downstream styrenics and phenol demand reduced offtake, keeping trading activity subdued and inventories elevated.
For the Quarter Ending March 2026
Benzene Prices in North America
- In USA, the Benzene Price Index rose by 20.77% quarter-over-quarter, reflecting imports tightening and crude
- The average Benzene price for the quarter was approximately USD 955.67/MT, based on FOB Louisiana
- Benzene Spot Price reflected shipping delays and tight prompt tanks, lifting Benzene Production Cost Trend
- Benzene Demand Outlook improved as styrene and phenol restocking increased buying, lifting Benzene Price Index
- Benzene Price Forecast expects intermittent firmness from geopolitical risk, seasonal restocking and constrained import arbitrage
- Pre-turnaround stocking tightened Gulf Coast inventories, reducing prompt availability and intensifying Benzene spot market bidding
- Export demand surged as international buyers sought US cargoes, supporting offers and Benzene Price Index
- Major Gulf producers maintained high operating rates, limiting supply relief and sustaining Benzene Price Forecast
Why did the price of Benzene change in March 2026 in North America?
- Escalating Middle East tensions lifted crude benchmarks, increasing feedstock replacement costs and pressuring Benzene economics
- Diversions around sea routes extended voyages, curbing imports and tightening prompt Gulf Coast Benzene availability
- Downstream restocking by phenol and styrene chains accelerated purchases, drawing spot barrels and amplifying rally
Benzene Prices in APAC
- In Japan, the Benzene Price Index fell by 4.44% quarter-over-quarter, reflecting weaker downstream demand conditions.
- The average Benzene price for the quarter was approximately USD 731.00/MT, reflecting muted spot activity.
- Benzene Spot Price remained range-bound through Q1, supporting a neutral Price Index amid cautious buying.
- Benzene Price Forecast indicates upside from tightened supply and geopolitical risk, tempered by weak demand.
- Benzene Production Cost Trend rose with crude and naphtha inflation, squeezing margins despite inventory buffers.
- Benzene Demand Outlook stays subdued as styrenics and phenol chains postpone restocking, limiting spot purchasing.
- Elevated inventories and weak export demand pressured offers, while allocation tightness supported the Price Index.
- Major producer outages and reduced cracker runs constrained benzene availability, elevating Price Index and volatility.
Why did the price of Benzene change in March 2026 in APAC?
- Geopolitical tensions raised crude and naphtha costs, transmitting higher input costs into benzene production economics rapidly.
- Scheduled cracker maintenance and producer outages reduced pyrolysis gasoline-derived benzene supply, tightening availability across regional markets.
- Buyers accelerated precautionary purchases amid delivery uncertainty, while inventories and substitution limited sustained upward momentum.
Benzene Prices in Europe
- In Germany, the Benzene Price Index rose by 31.16% quarter-over-quarter, reflecting supply tightness and crude pressure.
- The average Benzene price for the quarter was approximately USD 923.33/MT, reflecting tightness and volatility.
- Benzene Spot Price advanced sharply on constrained imports, while the Price Index reflected logistical bottlenecks.
- Benzene Price Forecast shows moderate near-term upside as seasonal restocking meets elevated feedstock cost pressures.
- Benzene Production Cost Trend rose due to higher crude and naphtha costs, pressuring producer margins.
- Benzene Demand Outlook remains cautious as downstream styrene and phenol buyers limited spot coverage overall.
- Benzene Price Index gains were amplified by port congestion and buying, tightening near-term availability for traders.
- Inventories tightened as BASF outages and maintenance constrained volumes, supporting sellers and limiting prompt market liquidity.
Why did the price of Benzene change in March 2026 in Europe?
- Escalating crude and naphtha costs increased feedstock pressure, raising production costs and lifting Benzene bids.
- Unplanned outages and regional maintenance reduced domestic output, tightening prompt supply and elevating spot premiums.
- Port congestion and higher insurance premiums delayed imports, prompting precautionary buying and amplifying short-term demand.
Benzene Prices in MEA
- In Saudi Arabia, the Benzene Price Index fell by 5.51% quarter-over-quarter, reflecting ample export availability.
- The average Benzene price for the quarter was approximately USD 789.00/MT, amid steady imports nonetheless.
- Benzene Spot Price exhibited volatility as insurance and freight premiums briefly constrained prompt cargo availability.
- Benzene Price Forecast signals limited upside because Benzene Production Cost Trend rose with crude recently.
- Benzene Demand Outlook stayed muted as styrenics and phenol plants limited spot purchases amid inventories.
- Al Jubail inventory and export flows influenced the Benzene Price Index causing March upward volatility.
- Producers ran at high operating rates; ample pyrolysis gasoline and reformate kept near-term supply comfortable.
- Export inquiries from Asia intermittently supported offers, but logistics premiums and caution capped sustained upside.
Why did the price of Benzene change in March 2026 in MEA?
- Geopolitical escalation raised crude and insurance costs, transmitting higher production and logistics costs to benzene.
- Rerouted shipping lengthened voyages and lead times, reducing prompt availability and pressuring spot physical balances.
- Stronger Asian restocking and precautionary buying amplified export demand, tightening regional supply despite steady operations.
Benzene Prices in South America
- In Brazil, the Benzene Price Index rose by 22.46% quarter-over-quarter, driven by crude-driven export tightness.
- The average Benzene price for the quarter was approximately USD 843.33/MT, reflecting elevated feedstock costs and stronger export demand.
- Export arbitrage tightened, lifting the Benzene Spot Price as import-parity mechanics rapidly amplified external market moves thereby.
- Benzene Price Forecast indicates near-term firmness as the Price Index responds to ongoing crude and logistic disruptions.
- Benzene Production Cost Trend rose with naphtha-linked crude increases, squeezing margins and prompting higher FOB offers locally.
- Benzene Demand Outlook remains mixed as domestic styrenics subdued while export nominations strengthen regional procurement interest significantly.
- Inventory draws and cautious spot sales from major producers supported the Benzene Price Index, tightening available export cargo.
- Extended voyage times and higher freight elevated the Benzene Spot Price, curbing imports and accelerating domestic buying.
Why did the price of Benzene change in March 2026 in South America?
- Export demand surge and import-parity transmission tightened supply, translating into sharp FOB price increases locally.
- Rising crude and naphtha costs raised Benzene Production Cost Trend, pressuring margins and prompting higher seller offers.
- Logistics disruptions and freight hikes limited imports, while regional buyers accelerated purchases ahead of potential supply interruptions.
For the Quarter Ending December 2025
North America
- In the USA, the Benzene Price Index fell by 4.05% quarter-over-quarter, reflecting softer derivative demand and elevated inventories.
- The average Benzene price for the quarter was approximately USD 774.33/MT, reflecting balanced supply and cautious downstream procurement.
- Benzene Spot Price strengthened intermittently amid tight prompt availability and increased freight driven premium impacts on parity.
- Benzene Price Forecast indicates modest upside into early Q1 if restocking and refinery turnarounds tighten prompt balances.
- Benzene Production Cost Trend rose modestly with WTI and reformate extraction pressures, lifting the domestic cost floor.
- Benzene Demand Outlook remained muted seasonally as styrene and phenol units lowered operating rates and delayed call-offs.
- Benzene Price Index volatility reflected inventory swings, import arrivals, and logistics premiums influencing short term bids.
- Major producer operating rates remained stable, with scheduled turnarounds and export demand continuing to influence regional availability.
Why did the price of Benzene change in December 2025 in North America?
- Refineries increased gasoline runs, releasing reformate and expanding benzene supply amid holiday downstream slowdowns seasonally.
- Derivative offtake weakened as styrene and phenol producers reduced runs, lowering immediate benzene consumption requirements.
- Import parcels arrived and freight eased slightly, narrowing import parity spreads and alleviating acute supply tightness.
APAC
- In Japan, the Benzene Price Index fell by 4.2% quarter-over-quarter, reflecting weaker domestic demand overall.
- The average Benzene price for the quarter was approximately USD 765.00/MT, Ex-Tokyo and port settlements.
- Benzene Spot Price weakened when sellers trimmed offers amid comfortable inventories and subdued downstream demand.
- Benzene Price Forecast indicates modest near-term downside risk because abundant regional supply and muted exports.
- Benzene Production Cost Trend eased as naphtha softened, lowering variable aromatic production costs slightly overall.
- Benzene Demand Outlook remains subdued with lower styrene and phenol offtake during scheduled maintenance period.
- Benzene Price Index momentum turned bearish as exporters increased volumes and domestic restocking stayed limited.
- Inventory accumulation at Japanese ports along with competitive regional exports pressured margins, restricting immediate upside.
Why did the price of Benzene change in December 2025 in APAC?
- Oversupply from steady cracker runs and exports created downward pressure on benzene availability and pricing.
- Weaker downstream consumption and scheduled derivative turnarounds reduced offtake, exacerbating spot market softness and bids.
- Lower feedstock costs eased production expenses, but yen weakness and logistics made exporting more attractive.
Europe
- In Germany, the Benzene Price Index fell by 2.94% quarter-over-quarter, due to weaker downstream demand.
- The average Benzene price for the quarter was approximately USD 704.00/MT, per reported quarterly totals.
- Benzene Spot Price remained volatile as ARA prompt releases balanced domestic extraction and tempered rallies.
- Benzene Price Forecast shows modest upside from seasonal restocking, constrained pygas flows, and export support.
- Benzene Production Cost Trend softer as naphtha eased, though high power and gas tariffs persisted.
- Benzene Demand Outlook remains mixed; polystyrene support contrasts with subdued nylon and phenol offtake seasonally.
- Benzene Price Index momentum shifted mid-December as regional cracker shutdowns tightened prompt availability and premiums.
- High Hamburg tank stocks and just-in-time buying limited urgency, capping upward moves despite export inquiries.
Why did the price of Benzene change in December 2025 in Europe?
- Softened naphtha feedstock and firmer euro reduced import parity, easing spot bids in December mid-month.
- Downstream demand weakened as styrene and nylon run-rates fell, limiting benzene offtake and pricing support.
- Stable cracker operations and increased ARA prompt volumes relieved tightness, while logistics remained broadly unconstrained.
MEA
- In Saudi Arabia, the Benzene Price Index fell by 1.8% quarter-over-quarter, reflecting softer import demand.
- The average Benzene price for the quarter was approximately USD 835.00/MT, CFR Al Jubail assessments.
- Elevated Benzene Spot Price volatility led to softer Price Index readings and abundant spot availability.
- Benzene Price Forecast indicates limited upside near-term given comfortable inventories and subdued discretionary buying patterns.
- Lower crude and naphtha eased the Benzene Production Cost Trend, reducing feedstock-driven upward pressure materially.
- Benzene Demand Outlook stayed weak as downstream buyers delayed spot purchases while inventories remained comfortable.
- Export weakness and comfortable stocks pressured the Benzene Price Index, narrowing arbitrage and capping margins.
- Major domestic reformers ran at steady rates, capping upside despite intermittent LAB-driven offtake increases occasionally.
Why did the price of Benzene change in December 2025 in MEA?
- Plentiful Gulf cargo availability increased import coverage, reducing spot urgency and pressuring benzene prices lower.
- Lower crude and naphtha softened feedstock costs, diminishing production cost support for benzene import parity.
- Downstream buyers delayed purchases amid adequate inventories and substitution trends, weakening offtake and demand signals.
South America
- In Brazil, the Benzene Price Index fell by 0.67% quarter-over-quarter, reflecting downstream demand softening and naphtha.
- The average Benzene price for the quarter was approximately USD 688.67/MT, reflecting mixed weekly volatility and seasonal buying.
- Benzene Spot Price recovered during November weeks, supported by stronger overseas benchmarks and freight import parity increases.
- Benzene Price Forecast indicates moderate firming into early 2026 as downstream restocking offsets crude and naphtha weakness.
- Benzene Production Cost Trend eased with softer naphtha costs, reducing extraction expenses but relieving margin pressures.
- Benzene Demand Outlook remains mixed; polymer and phenol sectors support volumes while slowdown dampened procurement.
- Inventory draws and export enquiries tightened the Benzene Price Index, reducing spot availability for FOB Santos cargoes.
Why did the price of Benzene change in December 2025 in South America?
- Improved naphtha availability and softer crude trimmed feedstock costs, reducing immediate upward pressure on benzene.
- Year-end downstream order pullbacks and measured procurement lowered spot offtake across styrene, phenol, and polymer sectors.
- Timely imports and improved logistics replenished coastal inventories, alleviating short-term tightness and pressuring FOB Santos levels.
For the Quarter Ending September 2025
North America
- In USA, the Benzene Price Index rose by 4.67% quarter-over-quarter, driven by stronger export arbitrage.
- The average Benzene price for the quarter was approximately USD 814.33/MT, reflecting Gulf Coast FOB.
- Tight export windows supported Benzene Spot Price despite ample refinery coproduct volumes and high inventories.
- Rising freight and logistics expenses influenced the Benzene Production Cost Trend, marginally compressing producer margins.
- Weak styrene and polymer demand shaped the Benzene Demand Outlook, limiting spot buying and restocking.
- Forward curves and inventories informed the Benzene Price Forecast, implying modest volatility into early autumn.
- High refinery run-rates and imports weighed on the Benzene Price Index, pressuring prices in September.
- Operational continuity at major Gulf Coast producers kept supply steady, preventing rebound in Benzene prices.
Why did the price of Benzene change in September 2025 in North America?
- Elevated refinery runs and imports increased supply, pressuring Gulf Coast prices and rebuilding terminal inventories.
- Weaker offtake from styrene and polymers reduced demand, constraining spot purchases and dampening price momentum.
- Modest crude easing and lower freight softened feedstock pressures, allowing inventories to expand across hubs.
APAC
- In Japan, the Benzene Price Index fell by 11.94% quarter-over-quarter, reflecting persistent oversupply and elevated inventories.
- The average Benzene price for the quarter was approximately USD 799.00/MT, reflecting spot and contract activity.
- Benzene Spot Price remained pressured by high domestic run rates, limiting export lift amid freight.
- Benzene Price Forecast shows near-term range-bound action before potential seasonal tightening in late Q4 conditions.
- Benzene Production Cost Trend saw upward pressure from naphtha imports and weaker yen increasing feedstock costs.
- Benzene Demand Outlook is muted as downstream styrene and polymer sectors delay restocking and run just-in-time.
- Benzene Price Index movements were influenced by inventory accumulation at coastal terminals and stable refinery throughputs.
- Benzene Price Forecast sensitivity remains high to freight disruptions, turnarounds, and regional export competitiveness pressures.
Why did the price of Benzene change in September 2025 in APAC?
- Domestic supply tightened slightly with stable plant run rates, modestly reducing available merchant benzene volumes.
- Upstream crude firmed modestly, lifting feedstock cash costs and supporting short-term benzene price strength marginally.
- Elevated inventories and weaker regional demand limited upside, while freight headwinds constrained export-driven price recovery.
Europe
- In Germany, the Benzene Price Index fell by 0.23% quarter-over-quarter, driven by mixed downstream demand.
- The average Benzene price for the quarter was approximately USD 725.33/MT, underscoring weak domestic offtake.
- Benzene Spot Price volatility persisted amid inventory builds and limited export demand from Asian buyers.
- Benzene Price Forecast suggests short term range-bound movement as naphtha costs lift production economics modestly.
- Benzene Production Cost Trend elevated due to firm naphtha and energy margins, constraining price declines.
- Benzene Demand Outlook remains muted as automotive and aromatic derivatives show subdued activity, limiting recovery.
- Germany's Benzene Price Index showed intermittent rebounds driven by temporary crude upticks and production adjustments.
- Major producer outages were limited, so inventories and muted export flows kept pricing pressure contained.
Why did the price of Benzene change in September 2025 in Europe?
- Domestic supply stability coupled with weak downstream offtake led to inventory accumulation and price weakening.
- Falling Brent and softer naphtha transmission reduced production cost pressures, underpinning lower benzene Price Index.
- Restricted export appetite from China and France limited external demand, while operation rates remained steady.
MEA
- In Saudi Arabia, the Benzene Price Index fell by 4.39% quarter-over-quarter, abundant supply and exports.
- The average Benzene price for the quarter was approximately USD 850.00/MT, supported by steady imports.
- Benzene Spot Price movements were range bound amid imports and balanced refinery output at Jubail.
- Benzene Price Forecast indicates upside risk as upstream crude strengthens and LAB demand tightens balances.
- Benzene Production Cost Trend remained muted with low ethane and gas prices dampening feedstock inflation.
- Benzene Demand Outlook firmed in September on new LAB capacity and increased domestic detergent offtake.
- Benzene Price Index volatility remained limited by smooth shipping, ample inventories, and selective downstream restocking.
- Benzene Spot Price resilience followed higher Indian export offers while domestic operational continuity constrained rallies.
Why did the price of Benzene change in September 2025 in MEA?
- Increased LAB offtake and new Yanbu capacity lifted domestic benzene demand, tightening regional availability briefly.
- Higher Indian export offers and firmer crude raised import costs, exerting upward pressure on values.
- Persistent smooth shipping and ample inventories moderated spikes, keeping market movements contained despite tighter demand.
South America
- In Brazil, the Benzene Price Index rose by 4.63% quarter-over-quarter, driven by logistical shipping constraints.
- The average Benzene price for the quarter was approximately USD 693.33/MT, FOB Santos basis, reported.
- Benzene Spot Price exhibited intermittent firmness as port congestion and freight spikes tightened FOB availability.
- Benzene Price Forecast suggests limited near-term upside with risks concentrated around logistics and feedstock volatility.
- Benzene Production Cost Trend moved as softer crude offset higher domestic energy and freight expenses.
- Benzene Demand Outlook remains muted domestically, downstream buyers practicing conservative procurement amid weak industrial recovery.
- Benzene Price Index weakness reflected high on-site inventories, cracker runs, and restrained export buying interest.
- Operational continuity at major producers kept supply stable, though port delays supported short-term price resilience.
Why did the price of Benzene change in September 2025 in South America?
- Abundant domestic output and elevated inventories reduced buying urgency, pressuring FOB values during September 2025.
- Freight spikes and port congestion increased landed costs tightening prompt availability and supporting localized premiums.
- Weak downstream demand and limited export buying constrained spot purchases, sustaining pressure on Price Index.
