IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL5.58▲ 1.35% USD/MXN18.59▲ 0.30% USD/CLP983.69▲ 1.70% USD/COP3,297▲ 5.67% USD/PEN3.42▲ 0.36% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES899.36▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.63% BRENT 92.41 ▲ 1.01% WTI 86.64 ▲ 0.70% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.46% GOLD 4,051 ▲ 0.52% SILVER 52.37 ▲ 2.48% SOY 1,224 ▼ 0.06% CORN 448.00 ▼ 0.22% WHEAT 593.25 ▲ 0.08% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.35% USD/MXN 18.59 ▲ 0.33% USD/CLP 983.69 ▲ 1.70% USD/COP 3,297 ▲ 5.67% USD/PEN 3.42 ▲ 0.36% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 899.36 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.23 ▲ 1.64% BRENT 92.41 ▲ 1.01% WTI 86.64 ▲ 0.70% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.46% GOLD 4,051 ▲ 0.52% SILVER 52.37 ▲ 2.48% SOY 1,224 ▼ 0.06% CORN 448.00 ▼ 0.22% WHEAT 593.25 ▲ 0.08% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
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Wednesday, November 11, 2026

Brazil Politics - Brazil

Bolsonaro Leads São Paulo Polls as Lula Faces Conservative Surge

By · · 2 min read

A Paraná Pesquisas survey released on February 26, 2025, highlights a challenging political scenario for President Luiz Inácio Lula da Silva in São Paulo.

The poll reveals former President Jair Bolsonaro leading with 40.8% of voter intentions, significantly ahead of Lula’s 26.6%. The survey underscores Bolsonaro’s continued influence despite his ineligibility to run until 2030 due to legal restrictions.

The study, conducted between February 20 and 23 with 1,650 respondents across 86 municipalities, also tested scenarios without Bolsonaro. In these cases, his wife, Michelle Bolsonaro, leads with 31.3%, outpacing Lula’s 27.1%.

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Similarly, São Paulo Governor Tarcísio de Freitas surpasses Lula with 30.2% to the president’s 26.7%. These results highlight the strength of conservative candidates in Brazil’s most populous state.

Lula performs better against other challengers but still faces hurdles. He leads Paraná Governor Ratinho Júnior by 27.1% to 15.8%, though this does little to counter the broader trend of declining support in São Paulo.

Bolsonaro Leads São Paulo Polls as Lula Faces Conservative Surge
Bolsonaro Leads São Paulo Polls as Lula Faces Conservative Surge.
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Other candidates in the poll include Ciro Gomes (10.6%), Gusttavo Lima (6.5%), Eduardo Leite (2.5%), Ronaldo Caiado (2.2%), and Helder Barbalho (0.5%). Blank or null votes account for 7%, while 3.2% remain undecided.

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Brazil’s 2026 Presidential Race

These findings reflect broader political dynamics as Brazil approaches the 2026 presidential election. Bolsonaro’s enduring popularity among conservatives remains a key factor despite his legal constraints, with Michelle Bolsonaro emerging as a strong alternative candidate supported by evangelical voters and her husband’s base.

Governor Tarcísio de Freitas also stands out as a potential contender, leveraging his governance of São Paulo to build appeal among right-wing voters. For Lula, these numbers signal significant challenges ahead amid economic struggles and political polarization.

The survey’s margin of error is ±2.5 percentage points, with a confidence level of 95%. It provides valuable insights into voter behavior in a pivotal state for Brazil’s political future.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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