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Still supported by concerns about global supply, coffee extends gains this Friday

생원두
미국
게시됨 2023년 3월 17일

Tridge 요약

The Arabica coffee futures market opened business this Friday (17) extending gains to the main contracts on the New York Stock Exchange (ICE Future US).

Around 6:57 am (Brasília time), May/23 was up 130 points, traded at 181.35 cents/lbp, July/23 was up 125 points, traded at 180 cents/lbp, September/23 was up by 110 points, quoted at 177.95 cents/lbp.

The Arabica coffee futures market is still supported by the reduction in inventories by the Green Coffee Association (GCA). According to the entity, the volume is at 6.2 million bags, down 2.6% last month.

Even so, negotiations are still stalled and with the industry and the producer, waiting for more attractive prices for new business. Another point of attention, according to analysts, are the consumption indicators that still present instability and raise uncertainties in the sector.

원본 콘텐츠

The Arabica coffee futures market opened business this Friday (17) extending gains to the main contracts on the New York Stock Exchange (ICE Future US). Around 6:57 am (Brasília time), May/23 was up 130 points, traded at 181.35 cents/lbp, July/23 was up 125 points, traded at 180 cents/lbp, September/23 was up by 110 points, quoted at 177.95 cents/lbp. The Arabica coffee futures market is still supported by the reduction in inventories by the Green Coffee Association (GCA). According to the entity, the volume is at 6.2 million bags, down 2.6% last month. Even so, negotiations are still stalled and with the industry and ...
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