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FOB Mercosur

Stable business for Hilton chilled cuts

The European chilled market for Hilton rump & loin cuts saw little change last week. Argentine sources quoted business in the US$/t 16,800–17,200 FOB range, although some plants were asking US$/t 17,300 to even US$/t 17,500 for new deals. In Uruguay, sources mentioned references in the US$/t 15,800–16,000 FOB range for Hilton cuts. On average, these references are slightly below last week’s levels.

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