Weekly report – Brazilian Coffee Market – Feb 08-12, 2021
NYICE and DollarICE Arabica stocks increased this week to 1.7 million bags. Brazil’s crop year 20/21 recorded the best result for the period in the last five years. The Brazilian government’s announcement of new emergency aid for the most vulnerable population brought...
Weekly report – Brazilian Coffee Market – Feb 01-05, 2021
NEW YORK EXCHANGE and DOLLAR March/21: Min: 122.40 | Max: 129.30 | Last: 127.10 USC/lbBRL/USD: Min: 5.3217 | Max: 5.4856 | Last: 5.3610 *Data until the completion of this report. In a week of high volatility, the March/21 contract prices reached near 130 and also 120...
Weekly report – Brazilian Coffee Market – Jan 25-29, 2021
KCNY/USDAmid the volatility of the U.S. dollar, the political and fiscal scenario in Brazil kept the real depreciated by about R$5.40. The concern with Brazil’s coffee supply and other origins supported commodity prices. The market is following forecasts of crop...