Russian market is not following the strength of the Chinese demand levels, and because of that, it slowly starts to lose out as an
alternative for Uruguayan beef exporters, said a trader.
“They are buying basically everything
from Paraguay, but for "stable prices”, he said.
From Uruguay settlements are still focused on offal (liver and heart), and some occasional sales
of trimming 80 VL at US$ 3,100
CIF, a value which is “below” China, said the source.