Arabica coffee prices rose with some strength in the Brazilian market

Arabica price renews nominal and robust maximum has strong devaluation

20.10.2021 | 20:59 (UTC -3)
Cepea

You Arabica coffee prices rose with some strength in the Brazilian market in the recent days, and the CEPEA/ESALQ Indicator type 6, placed in the capital of São Paulo, operating at around R$ 1.200,00/60 kg bag since the 11th. This Tuesday, 19, specifically, the indicator reached R$ 1.243,54/bag, a new nominal maximum of the Cepea historical series, started in 1996, and 1,2% above that recorded in day 13.

Second researchers, the boost to internal prices comes mainly from the advancement of external values ​​of the variety, which, in turn, is linked to concerns related to grain supply, reinforced by the news that producers of Colombia would be failing to deliver part of the arabica already contracted.

Now for Robusta, domestic prices have declined in recent days, influenced by the drop in the grain's external values ​​and the reduction in buyers in Brazil. According to employees consulted by Cepea, the roasting industries have moved away from acquisitions due to recent increases in the variety's prices.

In addition Furthermore, in the countryside, rains returned to Espírito Santo this month and have been helping in the picking of flowers, a scenario that creates expectations of a drop in prices. This Tuesday, 19th, the CEPEA/ESALQ Indicator type 6 sifts 13 above closed at R$ 774,87/bag, a strong drop of 58,99 Reais per bag (or 7,07%) compared to on the 13th.

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