The global coffee market starts the week with low liquidity

The physical coffee market in Brazil began the week with a slow pace of trading. On the New York Stock Exchange (ICE Futures US), coffee futures contracts rose, while the dollar fell against the real. This scenario of opposing forces led Brazilian producers to adopt a cautious stance, making only spot sales. On Friday (1), coffee prices on the Brazilian market remained stable. Even with drops in the prices of Arabica in New York and Robusta in London, the appreciation of the dollar balanced prices. According to Safras Consultoria, the physical market continued to have low liquidity, with producers avoiding large-volume sales. In the south of Minas Gerais, good-brew Arabica coffee, with 15% harvesting, was traded between R$1,530.00 and R$1,535.00 per bag, without variations. In the Cerrado region of Minas Gerais, hard cup Arabica with 15% picking remained between R$1,540.00 and R$1,545.00. In the Zona da Mata region of Minas Gerais, “rio” Arabica (type 7) with 20% picking was ...