Prices of cassava have distinct movements and quotations stabilize.

Cassava quotations continued to rise last week in some of the monitored regions, according to surveys by the Center for Advanced Studies in Applied Economics (Cepea). On the other hand, some regions weakened due to lower demand for derivatives. In this scenario, the average remained virtually stable over the period. Between November 3 and 7, the nominal forward value for the ton of cassava posted for starch was R$ 572.04 (R$ 0.9948/gram of starch), a slight 0.2% decline from the previous period. Over a four-week period, there was a 0.44% increase. In the starch market, according to the research center, some buyers, mainly from the wholesale and industrial segments, reduced the volumes purchased in the spot market. Low liquidity pressured the derivative quotations, especially in transactions between starch mills themselves. According to consolidated data from Cepea, in October, starch production grew by 39%, reaching the ...