The price per ton of chicken meat exported by Brazil increases in early February with the resumption of purchases by China

Published 2023년 2월 13일

Tridge summary

The Brazilian poultry export sector experienced a positive surge in February, with a notable recovery in China's demand following the Lunar New Year holiday and loosened Covid-19 restrictions, as reported by the Foreign Trade Secretariat (Secex). The country's poultry and edible offal exports in the first eight days of February saw an increase in revenue and volume compared to the same period last year, generating US$ 260.31 million from 140,338.68 tons, which accounts for 44.41% of the revenue and 41.34% of the volume from February 2022. The average daily revenue and the price per ton paid have also increased significantly, showing a resilient and recovering sector from earlier challenges.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to information from the Foreign Trade Secretariat (Secex) of the Federal Government, released this Monday (13), exports of poultry meat and its edible offal, fresh, refrigerated or frozen in the eight working days of February showed gains in collection. According to the SAFRAS & Mercado analyst, Fernando Henrique Iglesias, "the entry of this additional income is also interesting when talking about a sector (poultry) that got into difficulties at the beginning of the year, facing very deteriorated margins". "There was a very positive performance, and what helped in the rise in international prices is the recovery of China after the Lunar New Year holiday, added to the easing of policies related to Covid-19. All of this weighed positively on price formation . Chinese importers have shown more appetite in purchases", details the expert. The revenue obtained from chicken meat exports up to this point in the month, US$ 260,300.655, represents 44.41% of the amount obtained in ...

Source: NoticiasAgricolas