SAO PAULO, Brazil – Prices for robusta coffee have been in an upward trend since the last quarter of 2023, hitting records in March 2024 that have been renewed since then, says CEPEA in its latest report. On August 30, the CEPEA/ESALQ Index for the robusta coffee type 6 closed at BRL 1,483.95 per 60-kilo bag, for an increase of 16.73% in relation to that registered on July 31.
It is a new record for the Index, considering Cepea series, which has started in November/2001 (values were deflated by the IGP-DI July/24).
Price rises are related to the possible limited supply in Vietnam and to the restricted production in Brazil, since the 2024/25 season was below the potential.
Robusta quotations surpassed arabica values on Aug. 30. The CEPEA/ESALQ Index for the arabica coffee type 6, delivered in São Paulo, closed at BRL 1,448.24 per 60-kilo bag on August 30, upping 2.28% compared to that on July 31. Therefore, the gap between values of both varieties is at 35.71 Reais per bag.
Both international and domestic prices of arabica coffee oscillated sharply in late August. The cold wave that hit crops in Mogiana Paulista and in Cerrado Mineiro concerned players, a scenario that boosted quotations in some moments; however, there were only a few damages in some specific areas.
After the cold wave, coffee growers are now focused on the dry weather. The volume of rainfall has been lower than necessary since April.
