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WEEKLY REPORT – COFFEE MARKET IN BRAZIL

Dear valued partners,   The Dollar lost strength during the week as well as ICE-NY. The Real also recovered a bit from the record lows registered on the previous weeks. At the internal market, these factors reduced producers’ appetite for business at...

WEEKLY UPDATE – BRAZILIAN COFFEE MARKET

Dear valued partners, The Brazilian Real seems to be gradually correcting the consecutive devaluation hikes that we saw in recent weeks. With the message from the president of the Central Bank, we are optimistic about ammunition into the exchange rate to...

WEEKLY REPORT – COFFEE MARKET IN BRAZIL

Dear valued partners, Real hits new record low near R$5,97 per dollar as per political and economic crisis intensify. With all the uncertainty and Brazil’s international distrust, the credit lines here are more expensive and rare.   Despite the pandemic, the...

WEEKLY REPORT – COFFEE MARKET IN BRAZIL

Dear valued partners,   During this week, a sum of events gave support to dollar movements, hitting R$ 5,875 on Thursday, 7, another record low of Brazilian currency against the dollar.   The Selic rate, the basic interest rate of the economy, fell from...

WEEKLY REPORT – COFFEE MARKET IN BRAZIL

Dear valued partners,   Coffee sales for export are at a lower-than-normal pace surrounded by market uncertainties. Weak currency in Brazil recovered a little bit during the last week from the record devaluation (R$ 5,74) faced on April 24, 2020 amid...
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