Coffee market continues to operate with lows in the US and UK Stock Exchanges

This Thursday afternoon (23), Arabica coffee futures contracts operated with devaluations on the New York Stock Exchange (Ice Futures US), in which they fell from 290 to 390 points. On the London Stock Exchange, negotiations also work with lows in this trading session. Around 1:15 pm (Brasília time), the May/23 expiration date, which had dropped by 390 points and was quoted at 174.10 cents/lbp. The July/23 contract has a loss of 360 points and is priced at 173.25 cents/lbp. In the case of September/23, it operated with a devaluation of 340 points and quoted at 171.50 cents/lbp and December/23 worked with a drop of 290 points and priced at R$ 169.90 cents/lbp. In London, the May/23 contract registered a drop of US$ 6 per ton, negotiated for US$ 2105. The July/23 contract registered a decrease of US$ 10 per ton and worth US$ 2085, the September/23 registered a devaluation of US$ 4 per ton and quoted at US$2056. According to information from Barchart, the market is focused on the ...