Uruguay: Local operators see a calmer Chinese market, while Europe and the US remain steady.
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"China is slowing down, for me, it is checking a lot of containers," said a broker consulted, linking it to increased controls on shipments of beef from Uruguay after the appearance of fluazuron residues in a shipment. "It is a bit quieter," he noted. An industrialist told Ganadería.uy that the market is heavier in China, although it is not clear the impact of the detection of residues in a shipment. "Yes, the importers are aware, and I think they will try to make it weigh on prices at some point," he commented. An Argentine trader pointed out that prices are very stable. "I believe it is because Brazil is incorporating more volume to China lately," he considered. Data published by the Association of Argentine Export Producers (APEA) shows stable export values in the last three weeks, with references of US$ 5,400 for garrón and brazuelo to China. The European market remains firm, with some distortion due to the conflict at the ...
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