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Sellers retract and liquidity is low in the Brazilian market

Cepea, August 5 2019 – Soybean trades were slow in the Brazilian market in July, both in the spot market and for term contracts. As sellers have already traded a large volume of the 2018/19 crop, they were not interested in closing new deals.

 

As for the demand, agents from processing plants seemed to be stocked up, and those with low inventories purchased only small volumes of soybean
Fonte: CEPEA



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