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Brazilnutkernels March 8, 2018

Market in Bolivia is very interesting, Bolivians are seeing both strong demand and no demand at the same time. Strong for prompt shipments (but no availability) and weak for the forward shipments as buyers are following a hand to mouth approach. Factories today are stock rich, cash poor and are awaiting payment against containers which have been shipping in February & March. Once paid, factories will be back in the raw material market.  Peruvians have very strong buying interest from South Korea so they are continuing to purchase both final product and raw material from Bolivia, we will follow with interest how this new route develops.