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FOB Mercosur

China is out looking for beef and prices are moving

Imagen de Andrés Oyhenard

Editor: Andrés Oyhenard

andres@tardaguila.com.uy

The attitude of Chinese importers changed last week, with greater eagerness to close deals and an improvement in sale prices from the region. “The Chinese are looking for all they can get,” said a Brazilian exporter. The source reported deals for forequarter 8 cuts at US$5,500 CFR and 80VL trimming at US$3,900.

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