In a week marked by the weather, little rain in the coffee sector alerts and coffee grows more than 3%

The Arabica coffee futures market ended trading this Friday (26) with significant appreciation for the main contracts on the New York Stock Exchange (ICE Future US).

The market was once again conditioned by the rains in Brazil. Although the models indicate rainfall in the main production areas, volumes may still be below average and also present irregularities, which supports appreciation and increases concern about the developing cycle.

In London, the conilon type also had a day of price appreciation supported by concerns about supply from Asia and conflicts in the Red Sea. May/24 had an increase of US$ 27 per ton, worth US$ 3112, July/24 had an increase of US$ 26 per ton, quoted for US$ 3000, September/24 had an increase of US$ 24 per ton, worth US$ 2910 and November/24 had an appreciation of US$ 12 per ton, quoted at US$ 2855.

Low coffee stocks are bullish for prices. On Monday, Robusta coffee stocks monitored by ICE fell to a record low of 2,931 lots. Arabica coffee stocks tracked by ICE fell to a 24-year low of 224,066 bags on November 30, and are modestly up from Friday's 249,206 bags.

In Brazil, the market followed the day of recovery and ended with appreciation in the country's main sales areas. 

Source: Notícias Agrícolas