Brazil: After a long period of pressure, arabica ends with appreciation in the US

The Arabica coffee futures market ended trading this Friday (14) with appreciation for prices on the New York Stock Exchange (ICE Future US). It is the first time that prices have advanced more significantly since the harvest began in Brazil. September/23 was up 320 points, worth 160.80 cents/lbp, December/23 was up 325 points, quoted at 160.30 cents/lbp, March/24 was up 330 points, worth 160.90 cents/ lbp and May/24 rose 330 points, quoted at 161.95 cents/lbp. In London, the conilon type ended with positive adjustments. September/23 was high by US$ 15 per ton, worth US$ 2540, November/24 was high by US$ 4 per ton, worth US$ 2405 and March/24 was high by US$ 9 per ton, worth US$ 2309 . Haroldo Bonfá, an analyst at Pharos Consultoria, adds that the market is monitoring the impacts of the cyclone in Brazil and also the entry of the cold air mass that can cause frost in coffee growing areas at the end of the week. According to data from the National Institute of Meteorology (Inmet), ...