The 18-year-old has been closely tracked by elite European clubs including Arsenal and Chelsea. The Gunners have made an initial enquiry, but they are yet to follow up with a formal approach for the centre-back.
Palmeiras are aware of the interest in the young defender, but they plan to keep him until the Club World Cup next summer before considering a sale.
The youngster recently penned a new long-term deal with a €100 million release clause, but he could be signed for much less next year.
The Gunners are loaded with central defensive options at the moment and it would come as a huge surprise if they make an offer for him.
Chelsea, on the other hand, could be tempted to make a proposal, considering Axel Disasi and Benoit Badiashile could depart soon.
The Blues also have an interest in Benfica sensation Tomas Araujo.