Devaluation of U.S. dollar, falling international prices and decreased interest in the prize down mechanism.
The second auction prize Flow Products (PEP), conducted by the National Supply Company (Conab) on Tuesday, trading reached only 26.1% of 110 000 tonnes of rice offered in Rio Grande do Sul were sold 28 750 tons. The supply contracts 15 000 tonnes to Santa Catarina just selling only 2,000, or 13.3%. In the first auction, for 15 days, were sold 83% of the total supply of 125,000 tons.
