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International demand is redirect to BR and boosts both export premiums and domestic prices

Cepea, October 4, 2021 – The export premiums for soybean and meal are on the rise in the Brazilian market, influenced by the current high international demand, largely from China – for soybean, export premiums have been at the highest nominal levels since Nov/2018. In September, the Asian country increased imports from Brazil, due to the damages in the infrastructure of key export terminals around the US Gulf Coast caused by hurricane Ida, which hampered American exports. Besides, the low level of Paraná River continued to hamper exports from Argentina
Fonte: CEPEA



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