Coffee prices started Wednesday with moderate gains on global exchanges

Published 2024년 12월 18일

Tridge summary

The coffee market experienced moderate gains on international exchanges on Wednesday due to reversing losses from the previous session, which were influenced by the devaluation of the real against the dollar. Volatility in the sector is driven by concerns about the productivity of the 2025 harvest, with consensus indicating a significant drop in coffee production in 2025 compared to 2024. Adverse weather conditions in Brazil and excessive rainfall in Central America have caused damage to coffee crops, leading to supply restrictions. Despite Vietnam's increase in robusta coffee supply, the market remains alert for price fluctuations due to weather pressure in other producing areas.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The coffee market opened this Wednesday (18) with moderate gains on international exchanges, reversing the losses recorded in the previous session, which were influenced by the devaluation of the real against the dollar. Volatility continues to mark the sector, driven by concerns about the productivity of the 2025 harvest. According to analyses by the Carvalhaes Office, there is already a consensus that coffee production in 2025 will suffer a significant drop, with the volume harvested being much lower than that recorded in 2024. Climate uncertainties persist in most of the main producing countries, which intensifies speculation about the magnitude of the reduction in the harvest and maintains volatility in coffee prices in New York and London. At around 9 am (Brasília time), Arabica coffee futures contracts showed fluctuations: December/24: drop of 330 points, quoted at 325.45 cents/lbp; In the case of robusta, contracts recorded gains in several maturities: Jack Scoville, an ...

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