Coffee trade in Brazil remains moderate with fluctuations in the international market

게시됨 2024년 12월 4일

Tridge 요약

The Brazilian physical coffee market is experiencing moderate activity with producers being cautious due to a stable dollar and increases in prices on the New York Stock Exchange. Following a price decline on Tuesday, many producers have withheld their offers. However, some are still trading small lots. Certified stocks in warehouses totaled 904,272 60-kg bags as of December 3, 2024, an increase of 3,724 bags compared to the previous day. The main stock exchanges in Asia and Europe were mixed, while oil was trading lower.
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원본 콘텐츠

The Brazilian physical coffee market is showing moderate activity this Wednesday (4). The appreciation of prices on the New York Stock Exchange (ICE Futures US) is bringing a positive boost to national prices, although the dollar is operating relatively stable. This scenario has led producers to adopt a more cautious stance, opting to trade only according to immediate needs. On Tuesday (3), the physical market recorded a decline in prices, with Arabica coffee slightly down on the New York Stock Exchange and Robusta in London suffering sharp drops. According to Safras Consultoria, many producers have withheld their offers in light of these losses. Even so, some are trading small lots, taking advantage of the price levels that, although lower, remain attractive. In the Arabica segment, transactions involving medium to low quality coffees predominated. In the case of Conilon, the more significant drops in international prices halted negotiations. Certified stocks in warehouses ...

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