“A lot of money in the street” as payments are slow in the Chile’s market

Import prices from Chile remained stable last week, according to a Brazilian exporter who closed on the 19 cuts at US$6,350 CFR. Another source said that “there is a lot of money on the street” because Chile is still “very slow to pay.” He gave slightly lower price references, around US$ 6,300 for the 19 Paraguayan cuts and US$ 6,100/t for the Brazilian product.