No change in fundamentals, arabica has only technical adjustments

After opening the day testing new highs, the Arabica coffee futures market ended trading this Tuesday (20) with devaluation for the main contracts on the New York Stock Exchange (ICE Future US).

Without any news, the market continues to monitor weather conditions in the main producing origins, certified stocks and continues to rely on the restricted supply of Robusta. In Brazil, analysts say that the scenario is still positive and that producers need to take advantage of the good moment to guarantee good exchanges for the 2025 harvest.

"Coffee prices this morning were under pressure as increased rainfall in Brazil eased drought conditions. Somar Meteorologia reported on Monday that Brazil's Minas Gerais region received 57mm of rain last week, or 101% of the historical average", adds Barchart analysis.

"Losses in Robusta coffee were limited after Robusta coffee stocks monitored by ICE fell to a record level," highlighted the analysis from the international website Barchart.

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

Source Notícias Agrícolas