Even after data from Colombia, arabica advances in New York

The Arabica coffee futures market opened trading this Wednesday (7) with appreciation for the main contracts on the New York Stock Exchange (ICE Future US).

Maintaining the expected volatility, the market monitors weather conditions in Brazil and is also supported by concerns about the supply of conilon.

At around 08:39 (Brasília time), May/24 had an increase of 130 points, quoted at 186.25 cents/lbp, July/24 had an increase of 130 points, quoted at 185.65 cents/lbp and September/24 had high of 130 points, worth 185.70 cents/lbp.

On the London Stock Exchange, May/24 had an increase of US$ 22 per ton, traded at US$ 3118, July/24 increased by US$ 22 per ton, quoted at US$ 3039, September/24 had an increase of US$ 27 per ton , listed for US$2970.

COLOMBIA

Colombia produced 959,000 60-kg bags of washed Arabica coffee in January, an increase of 10.5% compared to the same month last year, the national coffee federation said on Friday. Production in January 2023 was 868,000.

Source: Notícias Agrícolas