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Arabica has pressure from rains while conilon advances with concerns about supply and conflicts in Asia

  • Writer: Julhyana Veloso Nunes
    Julhyana Veloso Nunes
  • Jan 30, 2024
  • 1 min read

Pressured by the rains, the Arabica coffee futures market ended trading this Thursday (25) with devaluation of the main contracts on the New York Stock Exchange (ICE Future US).


The coffee market continued to be pressured by the forecast of rain in important production areas in Brazil. The main models indicate good rains, as happened a few weeks ago, but producers say that the scenario continues to be very irregular. Temperatures have dropped in recent days, bringing relief to the coffee sector. The pace of business remains slower than usual.


On the London Stock Exchange, the scenario is the opposite. Concern about supply from Asia, as well as conflicts in the Suez Canal, support rising prices on the London Stock Exchange.


March/24 had an increase of US$ 44 per ton, worth US$ 3251, May/24 had an increase of US$ 36 per ton, quoted at US$ 3085, July/24 had an appreciation of US$ 37 per ton, traded for US $ 2974 and September/24 increased by US$ 30 per ton, trading for US$ 2886.


In Brazil, the physical market had a day of adjustments in some of the country's main sales areas. 


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