Resilient Performance of Robusta Coffee: 4.90% Advance in the Week

The week ended with an intense fluctuation in coffee prices, especially in the Arabica futures market. In New York, the main contracts depreciated, reflecting concerns about supply and negotiations held in Asia, particularly in Vietnam. The decision by Vietnamese producers to hold back part of the harvest in anticipation of higher prices contributed to volatility despite the recent rise.

Meanwhile, in London, Robusta coffee had a week of significant increases, reaching its highest level in 16 years. However, the end of the trading session saw a negative correction in prices. The daily devaluation does not obscure the positive performance of the week, with an accumulated increase of 4.90%. Analysts remain confident in firm prices for Robusta in the medium term, highlighting the strong demand and the effects of London's increases on domestic prices in Brazil.

In the Brazilian physical market, the week ended with devaluation in some of the country's main sales areas. The drop in prices affected several varieties, such as type 6 hard drink and peeled cherry, reflecting trends observed in international markets. The scenario remains dynamic, with producers and traders paying attention to weather conditions and movements in global markets. Stay up to date with coffee market updates with Ellers Coffee! 🌍☕

Fonte: Notícias Agrícolas