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Porto Alegre, December 15, 2020 – The Imea-MT indicator fell 3.45% in the last week, being quoted at an average price of R$ 122.97/@, due to the devaluation of the dollar.
Prices on the NY Stock Exchange (ICE) increased by 1.85% and 1.00% for the Jul/21 and Dec/21 contracts, at ¢US$ 74.70/lb and ¢US$ 71.83/lb, respectively.
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Due to the expectation of maintaining the basic interest rate at 2% of the year, the US currency fell again in the last week, reaching an average of R$ 5.11/US$.
Cotton by-products in Mato Grosso increased last week, with variations of 1.78%, 3.67% and 4.92%, for seeds, cake and oil, quoted at R$ 1,236.93/t, R$ 1,301.14/t and R$ 5,468.78/t, respectively.
The information is contained in the Weekly Bulletin of Imea – Mato Grosso Institute of Agricultural Economics.
Review: Rodrigo Ramos / Agência SAFRAS
