Methodology

Product specification:

Arabica coffee type 6, with up to 86 defects per 300g sample, hard cup or better, well prepared. Index refers to trades in the Brazilian wholesale market (between companies);

Unit of measurement/currency: 

60-kilo bag. The index is originally calculated in Real, but it is also released in US dollar. It is a simple conversion of the value in Real to dollars – commercial exchange rate, asking price at 4:30 p.m. (Brasilia time);

Delivery: São Paulo city (freight included);
Reference regions: Cerrado and southern Minas Gerais, Mogiana (São Paulo State), Paulista (São Paulo State) and northwestern Paraná, delivered in São Paulo city;
Weighting basis of regions: the importance of each region is determined by the volume produced in each, according data from IBGE. The update is on the first workday of a new crop;
Statistical treatment:

The Index is calculated based on the sample data between two standard-deviations up or down compared to the sample average. 

Discount rate for term prices:  NPR (Rural Promissory Note) rate.
Taxes:  the index considers traded values (taxes included);
Frequency:  daily.
Historic:

since September, 1996.

Agents consulted for the survey: cooperatives, stockbrokers, roasters and exporters.
Other Cepea surveys for the coffee market:

Arabica type 7, rio cup, in the same five regions as type 6 (Index): Cerrado, southern Minas Gerais, Mogiana (São Paulo State), Paulista (São Paulo State) and northwestern Paraná. Regarding robusta coffee market: type 6, screen 13 above, and type 7/8, in Espírito Santo State; in Rondônia State, coffee up to 400 defects.

 

Source: Cepea

Contact

Staff

Staff

Coordinator
Geraldo Sant'Ana de Camargo Barros, PhD.
Professor titular Esalq/USP; coordenador científico do Cepea

 

Chief Researchers
Margarete Boteon, Dra.
maboteon@usp.br

 

Research Assistants
Fernanda Geraldini Palmieri
Renato Garcia Ribeiro

Laleska Moda