USA: Coffee goes through adjustments and operates in the positive this Friday in New York

The Arabica coffee futures market saw an increase in the main contracts during the trading session at the New York Stock Exchange (ICE Future US) on Friday, March 24. This comes after a period of volatility largely driven by the upcoming harvest in Brazil. The price increases were significant, with May/23 up 425 points, trading at 178.55 cents/lbp, July/23 up 425 points, worth 177.70 cents/lbp, September/23 up 420 points, worth 175.90 cents/lbp, and December/23 up 395 points, quoted at 173.75 cents/lbp. In London, the conilon also experienced a rise, with May/23 up by US$ 57 per ton, quoted at US$ 2181, July/23 up by US$ 51 per ton, traded at US$ 2156, September/23 up by US$ 51 per ton, worth US$ $ 2122, and November/23 had a high of US$ 48 per ton, worth US$ 2078.