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Demand is low in Brazil; imports decrease

Cepea, June 19 2019 – The demand for wheat was occasional in Brazil in the first fortnight of June, which is keeping prices at low levels. In that period, deals were only closed when agents from mills needed to replenish inventories in the short term – purchasers seemed to have inventories enough until the entry of the next crop. With lower demand, wheat imports decreased to the smallest amount since May/18
Fonte: CEPEA



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