Content type

Brazil To Gain Significance As Lithium Producer

Mining / Brazil / Sun 19 May, 2019

Key View:

  • We are expanding our lithium coverage to Brazil on the back of new projects coming online over the short-term which will solidify the country's relevance​​​​ within the lithium sector.
  • Lithium production will be driven by Canadian firm Sigma Resources and Norwegian multi-metal miner AMG Critical Materials who each have one project in
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Brazilian Iron Ore Production To Contract In 2019

Mining / Brazil / Thu 25 Apr, 2019

Key View:

  • Following recent guidance by Brazilian iron ore miner Vale, we have further reduced our 2019 Brazilian iron ore production estimate from 0% growth to 4.1% contraction, a drop from 490mnt in 2018 to 470mnt in 2019.
  • There are both upside and downside risks to this forecast. On the upside, Vale may be able to return the Timbopeba and
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Brazil's Medical Device Forecast Revised Upwards

Medical Devices / Brazil / Tue 26 Mar, 2019

Key View

  • A brighter economic outlook will support medical device market growth of 9.1% in 2019 and 8.5% in 2020 in local currency terms. 
  • Medical device import performance will likely moderate in 2019 after robust growth in 2018. 
  • A gradual recovery in domestic manufacturing should support medical device export growth in 2019, despite
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Brazil's Pension Reform Faces Significant Obstacles

Country Risk / Brazil / Thu 14 Mar, 2019

Key View

  • We at Fitch Solutions expect Brazil will gradually narrow its fiscal deficit over the coming years, as revenues pick up while expenditures are constrained.
  • We have revised our forecast for fiscal deficit in 2019 to 6.4% of GDP, from 7.2% previously, following a narrower than expected shortfall in 2018 of 7.1%, although we forecast
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Q&A: Brazil - Challenges & Opportunities Under Bolsonaro

Country Risk / Brazil / Tue 19 Feb, 2019

On February 12, Fitch Solutions hosted a webinar in which we outlined our views on Brazil’s economic and political outlook as President Jair Bolsonaro’s administration takes shape. In this article we respond to a number of questions posed to us by attendees, which touch on the economic, political and foreign policy outlooks. A number of questions

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Dry Weather To Dent Brazil Soybean As Risks Loom

Agribusiness / Brazil / Wed 23 Jan, 2019

Key View

  • We have revised down our 2018/19 soybean production forecast for Brazil as dry weather during December will lower yields for early maturing soybeans.
  • A smaller-than-expected Brazilian soybean harvest this season will support our bullish CBOT soybean price outlook.
  • Lower yields, a stronger Brazilian real, and an unresolved freight
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