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Demand decreases, but low supply underpins prices in Brazil in the first half of February

Cepea, February 19, 2021 – Wheat prices continued firm in the Brazilian market in the first half of February, underpinned by the low domestic supply. Not even the decrease in the demand in the second week of the month was able to press down quotes in the regions surveyed by Cepea. Agents from mills reported an increase in the wheat inventories as well as difficulties to pass on to by-products the higher prices of the raw material
Fonte: CEPEA



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