Coffee Report - August 30th

Robusta stocks on ICE have a new low and coffee ends with appreciation

The Arabica coffee futures market had a day of volatility, but ended trading on Tuesday (29) with positive technical adjustments for the main contracts on the New York Stock Exchange (ICE Future US).

The fall of the dollar against the real, as well as the falling certified stocks in the ICE justify the slight increases in prices this Tuesday. "Robusta coffee stocks monitored by ICE dropped today to a record low of 3,384 lots (historical data going back to 2016), " as explained by the publication on the international website Barchart.

Source: Noticias Agrícolas