Gentlemen,
Re your "vernoticia" report dtd 2007/04/17. Please note from our view point:
1. Brazil is unable to offer easily, because the remaining carryover is too reduced and growers thinking very high prices henceforth, i.e. R$10,00/kg, which means, abt USD5.000/ton at growers.
2. Growers seeing a new crop 2007 very small, so, they prefer await elsemore.
3. Vietnam has just jumped up from VND44.000/kg to VND49.000/kg and who knows tomorrow or a little more ahead it will achieve?
As far as everybody are concerned, upon Asta meeting time, all the world trading has a stopover.
Best rgds
Nonato Moreira
President - ABEP
Wednesday, April 25, 2007
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