According to a daily study carried out by Cepea (Centro de Estudios Avanzados en Economía Aplicada, USP), the prices of soybeans in the Brazilian physical market closed on July 18 (18.07) with the average prices of soybeans in the ports of Brazil on the streets of exports falling 1.06% at prices that buyers can offer. As a result, the average dropped to R$77.56/purse, and the losses during the month of July reached R5.18%.
In the commercialization plazas in the interior of the country, the drop was 0.48%, taking the average to R $ 73.31 / bag. This devaluation raised the month's losses to 3,16%. “The strong fall of 0.86% in the Brazilian dollar, combined with the fall of 0.08% in soybean prices in Chicago, caused another fall”, explains T&F Consultoria Agroeconomico analyst, Luiz Pacheco.
Chinese demand was felt again today, with the purchase of 3 more positions, totaling 19 this week. The paper market in the port of Paranaguá negotiated the contract from August to 85 and from September to 95 and 100. Regarding byproducts, soybean pellets were sold in Rotterdam at 366.00 USD / t.
As for vegetable oils, canola oil is sold in Rotterdam at $ 848.25 (845.82) / t. Linseed oil at $ 775.00 (775.00), soybean oil at $ 758.07 (751.87), sunflower oil at $ 785.00 (785.00), palm oil at $ 482.50 (485.00). In the port of Dallian, China, soybeans closed at $ 491.22/t, soy harina at $ 418.10 (414.77) and soy acceptance at $ 785, 9) 786.14/t.
Publication: Marina Carvejani.
Author: Leonardo Gottens
Source: agrolink
