Arabica coffee indicator continues to fall

Arabica coffee values ​​continue to fall this month, following the movement observed in October, according to data from Cepea. The CEPEA/ESALQ Indicator for Arabica type 6, placed in the capital of São Paulo, has been operating below R$ 1 thousand per bag since the 1st – this Tuesday, the 8th, the Indicator closed at R$ 934,82/bag of 60 kg, a decline of 7% compared to October 31st.

Cepea researchers point out that the pressure on internal values ​​comes from the favorable climate. With constant rain in the producing regions, crops are developing well, and coffee growers continue to have good expectations for the next 2023/24 harvest, even if it has a negative two-year period.