But iron-ore miner Vale SA ( VALE ), which counts China as its biggest customer, has turned negative. Latin American markets are mostly higher in late Wednesday trade, with Brazil's Ibovespa index a standout having risen close to 2%, its fourth straight advance, supported by strong Chinese trade data and slower than expected domestic inflation figures last month. Brazilian inflation as measured by the benchmark IPCA index climbed 0.47% during March, trailing the median estimate of 38 economists surveyed by Bloomberg looking for a 0.50% increase.