Brazilian coffee opens week recovering part of the lows in New York and London

Published 2022년 7월 25일

Tridge summary

The article reports on the increase in the price of Arabica coffee futures on the New York and London stock exchanges. The market's attention is turned to the upcoming Brazilian crop, but external factors are causing price volatility. Meanwhile, cold brew coffee types in Guaxupé/MG experienced a decrease in price.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Arabica coffee futures market opened the week with appreciation for the main contracts on the New York Stock Exchange (ICE Future US). With the appreciation this morning, coffee recovers part of the low recorded last week. Operators continue to monitor the arrival of the Brazilian crop, but external factors continue to influence price volatility, which is even more accentuated in view of the risk of a global recession. Around 08:55 (Brasília time), September/22 was up 330 points, trading at 210 cents/lbp, December/22 had an appreciation of 340 points, quoted at 206.05 cents/lbp, March/23 had an appreciation of 355 points, traded at 202.35 cents/lbp and May/23 was up 345 points, quoted at 199.85 cents/lbp. On the London Stock Exchange, conilon coffee also opened with appreciation. September/22 had a high of US$ 13 per ton, worth US$ 1975, November/22 had a high of US$ 14 per ton, traded for US$ 1974, January/23 had a high of US$ 13 per ton, traded for US $ 1957 and March/23 had ...

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