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Liquidity is low in the Brazilian spot market, but agents show interest in term contracts for 22/23

Cepea, August 3, 2021 – Soybean sales were slow in the Brazilian spot market in late July, influenced by the dollar depreciation against the Real, which tends to reduce the interest of importers in the national product, since it makes the American product more attractive in the international market. Besides, soybean farmers were away from the spot market. However, these agents were interested in closing term contracts for the 2022/23 crop
Fonte: CEPEA



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