Prices of beans show distinct movements

Negotiations involving carioca and black beans continued to occur punctually. This is what data from the Center for Advanced Studies in Applied Economics (Cepea) indicate. According to researchers at the institute, in general, the weak liquidity was due to the holiday this Thursday (20), the Day of Black Awareness. Regarding prices, those of carioca beans with grades above 9.0 and/or sieve 12 were pressured last week. Researchers from Cepea indicate that the harvests in the southwest of the state of São Paulo guaranteed new offers of better quality lots. However, the greater availability caused prices to drop, and sellers from other regions also had to negatively adjust the prices asked. As for carioca beans with grades of 8 and 8.5, the greater interest from buyers and the somewhat more restricted supply raised the average prices in most of the markets monitored by Cepea. As for black beans, due to financial ...