News

Brazil: Coffee market works with falls this Tuesday afternoon in the US and UK

Raw Common Coffee Bean
United States
United Kingdom
Brazil
Published Mar 15, 2023

Original content

On the afternoon of this Tuesday (14), futures contracts for Arabica coffee operated with devaluations on the New York Stock Exchange (Ice Futures US), in which they fell between 265 and 280 points. On the London Stock Exchange, negotiations work with casualties in this trading session. At around 1:07 pm (Brasília time), the only month that worked with a gain was March/23, which was up 95 points and is quoted at 183.20 cents/lbp. The Maio/23 contract has a loss of 275 points and is priced at 176.45 cents/lbp. In the case of Julho/23, it operated with a devaluation of 265 points and quoted at 175.60 cents/lbp and September/23 worked with a drop of 280 points and priced at R$ 173.70 cents/lbp. In London, the March/23 contract registered a drop of US$ 24 per ton, negotiated for US$ 2077. The May/23 contract registered a low of US$ 26 per ton and worth US$ 2087, the July/23 registered a devaluation of US$ 26 per ton and quoted at $2078. According to information from the Reuters ...
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