Weekly report – Brazilian Coffee Market – July 19-23, 2021
NYSE and BRL/USDFollowing the frost that hit Brazilian crops in the early hours of Tuesday, coffee prices soared in the international and domestic markets, renewing highs as a greater sense was gained of the intensity and extent of damage to Brazilian crops and...
Weekly report – Brazilian Coffee Market – July 12-16, 2021
NYSE and BRL/USDThroughout the week, the Arabica traded with a significant appreciation for the main contracts. The fundamentals were strong, such as the lack of rain in Minas Gerais, the forecast of new frosts in the Brazilian coffee park and the expectation of...
Weekly report – Brazilian Coffee Market – July 05-09, 2021
NYSE and BRL/USDKCNY prices fell again as profit-taking took place after the previous week’s highs, the significant appreciation of the dollar globally, no frosts forecasts in Brazil, the increase of 12% in the ICO surplus estimate and the devaluation of the Brazilian...
Weekly report – Brazilian Coffee Market – June 28- July 2, 2021
NYSE and BRL/USDAt the beginning of the week, the frost alert in the south and southeast of Brazil gave strong support to Arabica quotes on NYSE, but parts of the gains were soon returned during Thursday and Friday after it was noticed that there was no significant...