by Atlantica Coffee | Jun 19, 2020 | Coffee, Relatório de mercado
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 the new crop and...
by Atlantica Coffee | Jun 19, 2020 | Coffee, Relatório de mercado
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 prevent the...
by Atlantica Coffee | Jun 19, 2020 | Coffee, Relatório de mercado
Dear valued partners, Real hits new record low near R$5,97 per dollar as per political and economic crisis intensify. With all the uncertainty and Brazil’s international distrust, the credit lines here are more expensive and rare. Despite the pandemic,... by Atlantica Coffee | Jun 19, 2020 | Coffee, Relatório de mercado
Dear valued partners, During this week, a sum of events gave support to dollar movements, hitting R$ 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 3,75% p.a. to 3%...
