Home RECENTES Average prices this season are the lowest since 2013/14

Average prices this season are the lowest since 2013/14

Redaçãomar 08, 2019RECENTES0

Cepea, March 8 2019 – With the record output last season, arabica coffee prices have been dropping sharply in the 2018/19 crop. After rising between October and November 2018, quotes started to decrease in December, influenced by estimates for a satisfactory coffee harvest in Brazil in the 2019/20 crop, despite the negative biennial cycle. In the second fortnight of February, arabica prices resumed closing below 400 BRL per 60-kilo bag in Brazil
Fonte: CEPEA