Cepea, May 17 2019 – While the harvesting of the 2019/20 crop is gradually stepping up in Brazil, arabica and robusta prices drop. Besides the international devaluations for both varieties in the last months, mainly due to the estimates for a high global supply, the higher number of sellers in the domestic spot market also pressed Brazilian quotes down. Despite the price drops on many days, the harvesting led growers to the market in the first fortnight of May, since many of them need cash flow
Fonte: CEPEA
Harvesting steps up in BR; average prices are the lowest since 2014
Redaçãomai 17, 2019
Anterior:Waiting for the new crop to arrive at the market, purchasers retract and prices drop
Próxima:Record supply estimates press down quotes in BR
Redação
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