Coffee: US experiences slight increases after a week of pressure and in UK, the conilon type is stable, but maintains focus on rain in Brazil

Updated Oct 2, 2023
The Arabica coffee futures market opened trading this Monday (2), testing new highs for prices on the New York Stock Exchange (ICE Future US), after a week of pressure on prices and practically halted business. At around 9:09 am (Brasília time), December/23 had an increase of 80 points, trading for 146.95 cents/lbp, March/24 had an appreciation of 70 points, worth 147.90 cents/lbp, May/24 had an increase of 60 points, quoted for 148.55 cents/lbp and July/24 had an appreciation of 55 points, traded for 149.35 cents/lbp. On the London Stock Exchange, the conilon type is stable. November/23 had an increase of US$ 6 per ton, traded for US$ 2468, January/24 had an increase of US$ 10 per ton, quoted for US$ 2379, March/24 had an increase of US$ 4 per ton, worth US$ $ 2316 and May/24 had a drop of US$ 4 per ton, traded for US$ 2278. The week should be marked by the market monitoring weather conditions in Brazil. Producers who remain reluctant to close new deals ...
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