Rice indicator rises 4,5% this November

Buyers are more present, indicating higher offers

23.11.2022 | 15:33 (UTC -3)
Cepea
Buyers are more present, indicating higher offers; Photo: Wenderson Araujo/CNA
Buyers are more present, indicating higher offers; Photo: Wenderson Araujo/CNA

Rice prices continue to rise, as shown by data from Cepea. In this month's partial (from October 31st to November 22nd), the CEPEA/IRGA-RS paddy rice indicator (58% whole grains, with cash payment) increased 4,52%, ending at R$ 83,78, 50/22 kg bag this Tuesday, XNUMXnd.

According to Cepea researchers, buyers are more present, indicating higher offers. Furthermore, the recent appreciation of the dollar against the Real has increased export parity, attracting new sellers.

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