The coffee market in Brazil ended the month of October with a significant increase in liquidity in the coffee segment. coffee Arabica. Researchers from the Center for Advanced Studies in Applied Economics (Cepea) highlight that this increase in trading activity was mainly concentrated in the last week of the month.
This increase in liquidity was stimulated by the significant growth in Arabica coffee prices in both the foreign and domestic markets. At the beginning of the month, Arabica coffee was being traded at values slightly above R$800.00 per 60 kg bag, a level considered unattractive by producers. However, in the following weeks, prices began to react, driven by movements in the international market and lower supply in competing countries.
At a high point, in the fourth week of the month, values reached approximately R$870.00 per bag. On October 24th, the CEPEA/ESALQ Indicator for type 6 Arabica coffee, a hard drink for the better, and sold in the capital, closed at R$875.97 per bag, representing the highest nominal value since June 22nd, 2023.
However, at the end of the month, both domestic and foreign prices began to weaken due to rains that occurred in important producing regions. These rains have the potential to favor the next national coffee harvest.