Café monitors weather in Brazil and extends lows in USA's New York

Updated Sep 25, 2023
The Arabica coffee futures market began trading this week with devaluation for the main contracts on the New York Stock Exchange (ICE Future US). The market returned to operating at low levels after meteorological models began to indicate the return of rain in the coffee areas. Still, attention turns to the high temperatures that continue to bring a lot of concern for next year. At around 9:11 am (Brasília time), March/24 had a drop of 90 points, worth 151.35 cents/lbp, May/24 had a drop of 90 points, trading for 152.35 cents/lbp, July/24 had a devaluation of 115 points, quoted for 152.95 cents/lbp and September/24 was traded for 154.60 cents/lbp - without variations. On the London Stock Exchange, the conilon type operated ...
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