Rains increasingly widespread in Brazil, and the palm oil rally
Published 2024년 11월 8일
Tridge summary
Above-average rainfall is forecasted in Brazil's South-Central region and MATOPIBA, which could impact the local agricultural sector. The year has also seen a significant 36% surge in palm oil prices, attributed to production issues in Indonesia and Malaysia, as well as an anticipated shift in Indonesia's biodiesel composition from B35 to B40 in early 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
As has been the case for a few weeks now, above-average rainfall is expected to occur in the South-Central portion of Brazil. In addition, it is expected to reach the MATOPIBA region, which was still experiencing a delay in rainfall. In addition, the increase in palm oil prices reached 36% this year. Behind this increase are production problems in ...
Source: NoticiasAgricolas
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