Arabica Coffee Futures Market Registers Decline in Futures Contracts Despite Positive Adjustments in the Brazilian Physical Market
- Julhyana Veloso Nunes
- Jul 18, 2024
- 1 min read

The Arabica coffee futures market closed Wednesday (17) with depreciation in the main contracts in New York and London, indicating a calmer week. The September/24, December/24, March/25, and May/25 contracts fell by 45, 35, 25, and 30 points, respectively, reflecting a price adjustment movement. In contrast, robusta showed stability in London, with slight variations between declines and advances in future contracts.
Recent rains in Brazil have eased drought concerns, negatively influencing arabica prices, according to Barchart analysis. However, leaders of coffee-producing regions in Brazil point to a worrying water deficit for next year's crop. While dry weather favors the current harvest, above-average temperatures raise concerns about plant development.
In the Brazilian physical market, there were positive adjustments in some producing regions. Type 6 hard drink bica corrida coffee saw increases of 1.40% in Guaxupé/MG and 1.03% in Campos Gerais/MG. The peeled cherry type rose by 1.33% in Guaxupé/MG and 0.99% in Campos Gerais/MG, indicating local price appreciation despite adverse weather conditions.
Source: Notícias Agrícolas
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