The Brazilian coffee market is expected to have a slow trading day as the dollar and New York coffee head in opposite directions

The Brazilian physical coffee market is expected to see few deals on Tuesday, with the New York market in decline and the dollar rising against the real, creating a scenario of pressure on domestic prices. This opposite scenario in the references tends to make producers more cautious, who are waiting for a more favorable price position to carry out transactions. On Monday (16), the physical coffee market in Brazil showed firm prices, with increases for Arabica coffee and stability for Conilon. The rise in Arabica prices on the New York Stock Exchange, together with the appreciation of the dollar, boosted Arabica prices in the country. Conilon, in turn, maintained the values observed last Friday. According to Safras Consultoria, the day was marked by small transactions and few producers active in the market. Some chose to postpone negotiations until January, due to tax issues, while buyers were more cautious, which slowed down trading. Regarding Arabica coffee prices, the value of ...