The Chilean market remains sluggish

Chile’s import market continues “very slow,” with “payment issues” and “no momentum,” according to a broker active there. “It was the worst start of the year in a long time,” he said. The source noted that new purchases for the 19-cut package from Brazil are occurring at US$5,800–5,900 CFR, while Paraguay “struggles” to reach US$6,000–6,100 CFR.