Monitoring Brazil's harvest and climate, coffee returns to negative operations in the US, while in the UK, conilon operates with stability

The Arabica coffee futures market continues to operate only with technical adjustments in the trading session this Friday (8) on the New York Stock Exchange (ICE Future US). The market, however, turned around and began to operate with devaluation in the early afternoon. The market returns part of the gains of the last few days, still monitoring weather conditions in Brazil. The harvest is practically finished, and the entry of this coffee could put pressure on prices. At around 12:30 pm (Brasília time), December/23 had a drop of 110 points, trading for 148.70 cents/lbp, March/24 had a drop of 95 points, worth 150 cents/lbp, May/24 had a drop of 100 points, traded for 151.10 cents/lbp and July/24 had a devaluation of 85 points, worth 151.90 cents/lbp. In London, ...