Coffee market maintains price adjustment day in the USA's New York and UK's London

Published Sep 12, 2023

Tridge summary

The Arabica coffee futures market experienced price adjustments in the trading session on the New York Stock Exchange. December/23, March/24, May/24, and July/24 all had drops in points and value. The London Stock Exchange also saw a devaluation in the conilon type of coffee. Additionally, the dollar increased in value against the real due to global investor caution and lower than expected IPCA in Brazil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Arabica coffee futures market continues to operate with price adjustments in the trading session this Tuesday (12) on the New York Stock Exchange (ICE Future US). The market has a day of price adjustments after appreciation supported by the fall in ICE certified stocks in the last trading session. At around 12:17 pm (Brasília time), December/23 had a drop of 60 points, worth 152.25 cents/lbp, March/24 had a drop of 55 points, quoted at 153.30 cents/lbp, May/24 had a devaluation of 35 points, worth 154.50 cents/lbp and July/24 had a drop of 55 points, quoted at 154.85 cents/lbp. On the London Stock Exchange, the conilon type also continues to operate with devaluation. November/23 had a drop of US$ 16 per ton, traded for US$ 2423, January/24 had a drop of US$ 16 per ton, worth US$ 2331, March/24 had a drop of US$ 16 per ton, quoted by US $ 2281 and May/24 had a drop of US$ 16 per ton, worth US$ 2261. In finance, the dollar registered ...

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