Tuesday 15 October 2024

Robusta monthly price average surpasses arabica values for the first time, Cepea

Although robusta values had operated above arabica prices in August and in September this year and in some moments between October 2016 and January 2017, this is the first time that the monthly price average is higher than arabica quotations

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SAO PAULO, Brazil – In September, the average of the CEPEA/ESALQ Index for the robusta type 6, screen 13, Espírito Santo, was higher than that observed for the CEPEA/ESALQ Index for arabica coffee type 6, delivered to São Paulo city, shows Cepea in its latest report.

Cepea data indicate that the monthly average for robusta quotations in September was 24.72 Reais per 60-kg bag above arabica prices.

Although robusta values had operated above arabica prices in August and in September this year and in some moments between October 2016 and January 2017, this is the first time that the monthly price average is higher than arabica quotations.

The market continues focused on the limited global coffee supply, especially robusta in Vietnam – the country is likely to start harvesting in October.

In Brazil, the lack of humidity due to the long period without rainfall has already been affecting the development of the 2025/26 season of arabica and robusta. More consistent rains are only expected in mid-October or in November.

Even with the restricted supply, robusta prices have been increasing less significantly than in previous weeks. This scenario may indicate that values could have reached a limited, at least in the short-term.

CIMBALI

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