Coffee: Arabica and Conilon end with profit realization; weather conditions in BR may dictate market rhythm

게시됨 2020년 9월 2일

Tridge 요약

The futures market quotes for coffee showed little movement, with profits being made in the main contracts after significant increases in the previous sessions. Climatic conditions in Brazil during the flowering season may continue to impact market prices. Arabica coffee on the New York Stock Exchange saw a drop of 10 points in March / 21 but increased by 5 points in May / 21. Conilon type coffee on the London Stock Exchange ended the trading session with a drop of U $ 23 per ton. Dry weather in Minas Gerais, Brazil's largest Arabica coffee producing region, is expected to lead to smaller coffee crops, potentially supporting coffee prices. The Brazilian harvest reached 92.54% of the area until the last day of August 2020.

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원본 콘텐츠

The futures market quotes for coffee end the day with little movement in a profit-making session for the main contracts after significant increases in the last two sessions. The climatic conditions in Brazil for the flowering season may again dictate market prices in the coming days. Arabica coffee, on the New York Stock Exchange (ICE Future US), the contract expiring in December / 20 had a drop of 10 points, worth 131.30 cents / lbp, in March / 21, it increased by 5 points, traded by 131, 80 cents / lbp, May / 21 maintained the value of 132.65 cents / lbp and July / 21 maintained the price at 133.45 cents / lbp. Conilon type coffee, on the London Stock Exchange (ICE Futures Europe), the main references ended the trading session with a drop of U $ 23 per ton. November / 20 ended at U $ 1440, January / 21 at U $ 1448m, March / 21 at U $ 1460 and July / 21 at U $ 1486. "Coffee prices showed an upward trend in the last three weeks due to the drop in inventories, with arabica coffee ...

출처: NoticiasAgricolas