IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL5.50▼ 0.17% USD/MXN18.60▼ 0.05% USD/CLP 975.74 — 0.00% USD/COP3,240▲ 0.03% USD/PEN3.44▼ 0.15% USD/ARS 1,545 — 0.00% USD/UYU40.31▲ 3.48% USD/PYG6,358▲ 8.23% USD/BOB11.81▲ 0.40% USD/DOP60.56▲ 0.43% USD/CRC448.27▲ 1.89% USD/GTQ7.64▲ 3.24% USD/HNL26.88▲ 3.25% USD/NIO36.62▲ 2.69% USD/VES893.88▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.90% USD/TTD6.72▲ 2.39% EUR/BRL6.13▲ 0.07% BRENT 98.32 ▲ 0.03% WTI 90.83 ▲ 0.34% IRON ORE 161.91 — — COPPER 6.24 ▼ 0.18% GOLD 4,075 ▼ 0.94% SILVER 51.94 ▼ 0.56% SOY 1,194 ▲ 1.08% CORN 441.50 ▲ 0.34% WHEAT 591.25 ▼ 1.34% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 ▼ 1.28% VALE3 64.04 ▲ 2.19% ITUB4 40.53 ▲ 1.40% BBDC4 14.20 ▲ 3.12% ABEV3 15.48 — 0.00% BBAS3 17.13 ▲ 3.88% B3SA3 14.39 ▲ 0.21% WEGE3 48.19 ▼ 0.23% PRIO3 60.48 ▼ 1.72% SUZB3 53.40 ▲ 2.12% RENT3 30.29 ▲ 4.20% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 ▲ 10.80% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 ▲ 2.43% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 ▼ 3.36% BRKM5 3.20 ▲ 5.61% RANI3 8.53 ▲ 0.83% CSNA3 4.41 ▲ 8.89% IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL 5.50 ▼ 0.17% USD/MXN 18.60 ▼ 0.05% USD/CLP 975.74 — 0.00% USD/COP 3,240 ▲ 0.03% USD/PEN 3.44 ▼ 0.15% USD/ARS 1,545 — 0.00% USD/UYU 40.31 ▲ 3.48% USD/PYG 6,358 ▲ 8.23% USD/BOB 11.81 ▲ 0.40% USD/DOP 60.56 ▲ 0.43% USD/CRC 448.27 ▲ 1.89% USD/GTQ 7.64 ▲ 3.24% USD/HNL 26.88 ▲ 3.25% USD/NIO 36.62 ▲ 2.69% USD/VES 893.88 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.90% USD/TTD 6.72 ▲ 2.39% EUR/BRL 6.13 ▲ 0.07% BRENT 98.32 ▲ 0.03% WTI 90.83 ▲ 0.34% IRON ORE 161.91 — — COPPER 6.24 ▼ 0.18% GOLD 4,075 ▼ 0.94% SILVER 51.94 ▼ 0.56% SOY 1,194 ▲ 1.08% CORN 441.50 ▲ 0.34% WHEAT 591.25 ▼ 1.34% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 ▼ 1.28% VALE3 64.04 ▲ 2.19% ITUB4 40.53 ▲ 1.40% BBDC4 14.20 ▲ 3.12% ABEV3 15.48 — 0.00% BBAS3 17.13 ▲ 3.88% B3SA3 14.39 ▲ 0.21% WEGE3 48.19 ▼ 0.23% PRIO3 60.48 ▼ 1.72% SUZB3 53.40 ▲ 2.12% RENT3 30.29 ▲ 4.20% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 ▲ 10.80% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 ▲ 2.43% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 ▼ 3.36% BRKM5 3.20 ▲ 5.61% RANI3 8.53 ▲ 0.83% CSNA3 4.41 ▲ 8.89%
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Sunday, November 8, 2026

Brazil Business - Brazil

Brazil criticizes anti-deforestation regulation approved by European Parliament

By · · 2 min read

The government of the Brazilian president, Jair Bolsonaro, did not see with good eyes the position adopted by the European Parliament so that products that promote deforestation are not sold on that continent, according to a brief statement released on Wednesday, September 14, by the Brazilian Foreign Ministry.

“Itamaraty (Brazilian Foreign Ministry) has been closely following the evolution of legislative initiatives that, under the pretext of combating deforestation, establish requirements for the import of agricultural commodities by the European Union,” said the note from the Ministry of Foreign Affairs.

The Brazilian government’s statement comes after the European Parliament defended new legislation for companies to verify that agricultural products sold in the European Union do not originate from deforested or degraded land.

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According to the European Parliament, the new regulation seeks to "guarantee consumers that the products they buy do not contribute to the destruction of forests."
According to the European Parliament, the new regulation seeks to “guarantee consumers that the products they buy do not contribute to the destruction of forests.”

With 453 votes in favor, 57 against, and 123 abstentions, the European Parliament set its position for the next negotiation with the countries of the European Union, which will begin in October.

The resolution approved by the European Parliament includes among the products that will have to be regulated palm oil, beef, soy, coffee, cocoa, and wood and some of its derivative products such as leather, but the Parliament wants other products to enter the list.

For this reason, it will urge that chicken, pork, sheep meat, goat meat, corn, rubber, charcoal, and printed paper products be included.

According to the European Parliament, the new regulation seeks to “guarantee consumers that the products they buy do not contribute to the destruction of forests.”

Although it was not directly mentioned in the statement, the Brazilian government’s statement is due to the implications that Parliament’s decision may have if the issue is approved in the negotiations between the European Commission, European Parliament, and Council of the EU that start in October.

Brazil is one of the largest food exporters in the world, and if this legislation is approved, experts say that sales abroad would be affected.

Agribusiness is one of the causes of the high rates of deforestation in the country.

Brazil lost 16,557 square kilometers of native vegetation in its biomes last year, an increase of 20% compared to 2020, primarily due to illegal logging. The most affected was the Amazon, according to data from the Mapbiomas network.

With information from EFE

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Nov 7, 2026 · 21:41

Ibovespa · benchmark
168,498.45
+1.39%
L 165,910day rangeH 169,073

+9.89% over 12 months

Market breadth · 14 names
79% advancing

11 ▲ advancing3 declining ▼

Currencies, rates & key inputs
USD / BRL
5.50
-0.17%

EUR / BRL
6.13
+0.07%

Selic rate
13.75%
·

Brent crude
98.32
+0.03%

Iron ore
161.91
·

Sector heatmap · average move today
Consumer Disc.
+4.98%
AZZA3

Mining
+3.92%
VALE3, CSNA3, GGBR4

Financials
+2.15%
ITUB4, BBDC4, BBAS3, B3SA3

Materials
+2.12%
SUZB3

Industrials
+1.99%
WEGE3, RENT3

Utilities
+1.98%
ENEV3

Consumer Staples
0.00%
ABEV3

Energy
-1.50%
PETR4, PRIO3

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
168,498.45
+1.39%

S&P/BMV IPCMexico
71,393.57
+0.43%

S&P IPSAChile
10,536.54
+0.68%

S&P MERVALArgentina
2,848,945
—

MSCI COLCAPColombia
2,485.26
+0.03%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 168,498.45 +1.39% +9.89% 166,191.45 169,073 165,910 —
USD/BRL 5.50 -0.17% +2.56% 5.51 5.50 5.50 —
SELIC 13.75% — — — — —
PETR4 45.36 -1.28% +46.28% 45.95 46.11 44.96 48,070,100
VALE3 64.04 +2.19% -2.23% 62.67 64.28 62.02 19,033,100
ITUB4 40.53 +1.40% +4.03% 39.97 41.01 39.87 27,994,400
BBDC4 14.20 +3.12% -24.10% 13.77 14.22 13.74 45,455,000
BBAS3 17.13 +3.88% -25.07% 16.49 17.17 16.43 30,737,600
B3SA3 14.39 +0.21% +9.85% 14.36 14.58 14.11 34,510,800
ABEV3 15.48 +0.00% +18.35% 15.48 15.60 15.32 29,624,400
WEGE3 48.19 -0.23% +9.75% 48.30 48.83 47.32 13,176,900
PRIO3 60.48 -1.72% +57.25% 61.54 62.57 60.01 12,597,500
SUZB3 53.40 +2.12% +9.76% 52.29 53.42 50.10 13,908,400
RENT3 30.29 +4.20% -26.39% 29.07 30.53 28.18 22,414,400
AZZA3 14.76 +4.98% -47.66% 14.06 15.19 13.80 4,143,600
CSNA3 4.41 +8.89% -48.12% 4.05 4.52 4.01 27,297,200
GGBR4 24.15 +0.67% +26.31% 23.99 24.52 23.86 22,736,700
ENEV3 26.84 +1.98% +40.16% 26.32 26.84 26.10 7,781,400

Largest moves today
CSNA3
4.41
+8.89%
AZZA3
14.76
+4.98%
RENT3
30.29
+4.20%
BBAS3
17.13
+3.88%
BBDC4
14.20
+3.12%
VALE3
64.04
+2.19%
SUZB3
53.40
+2.12%
ENEV3
26.84
+1.98%

The session read
The Ibovespa rose 1.39%, with breadth positive — 11 of 14 names higher. Consumer Disc. led, while Energy lagged.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. How we use AI · Report an error

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