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Dollar, sales to China and lower inventories push up quotes in BR

Cepea, August 17 2018 – Dollar rises against Real, higher demand from China and lower ending stocks in Brazil underpinned soybean quotes in the domestic market and increased liquidity at national ports in the first fortnight of August. Price rises, however, were limited by exports premium drops in Brazil, which decreased slightly because of expectations for a record crop in the United States, lower domestic demand and a possible decrease in importations from China, due to lower soymeal consumption in that country.

 

The commercial issues between the United States and China have boosted Chinese importations from Brazil
Fonte: CEPEA



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