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;|
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);|
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.
Geraldo Sant'Ana de Camargo Barros, PhD.
Professor titular Esalq/USP; coordenador científico do Cepea
Margarete Boteon, Dra.
Fernanda Geraldini Palmieri
Renato Garcia Ribeiro