Brazil: In one year, the price of cassava root grew by 89.1% and starch by 64.5%
Cassava Starch
Cassava
Brazil
Published Jul 28, 2022
Tridge summary
Directors and associates of the Brazilian Association of Cassava Starch Producers (ABAM) will meet this Thursday, the 28th, from 7 pm, at the entity's headquarters, in Paranavaí, to discuss matters of interest to the sector. One of the themes that will take shape at this meeting will be the root and starch market. It's just that, root price readjustments have been frequent and industries are not able to pass these costs on to their customers.
Original content
Directors and associates of the Brazilian Association of Cassava Starch Producers (ABAM) will meet this Thursday, the 28th, from 7 pm, at the entity's headquarters, in Paranavaí, to discuss matters of interest to the sector. One of the themes that will take shape at this meeting will be the root and starch market. It's just that, root price readjustments have been frequent and industries are not able to pass these costs on to their customers. The result is that the profit margin of companies has been progressively falling. According to economist Fábio Isaias Felipe, a researcher at the Center for Advanced Studies in Applied Economics (CEPEA), an institution linked to USP (University of São Paulo), while the price of the root had a variation of 89.1% in the last 12 months, the of starch grew 64.5%. The calculation was made in real values updated by the IGP-DI, the General Price Index – Internal Availability (IGP-DI), which indicates the movement of prices with a national scope and ...
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