At 10:21 am (Brasilia time) this Monday (1st), the July contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price was stable, quoted at US$341.95 per 60 kg bag. The September contract, however, fell 1.19% to US$310.85/bag. New York Mercantile Exchange (Nymex)Equivalent assets fell 0.79% and 0.75%, quoted at US$263.50/sc and US$256.75/sc, respectively. This morning, market participants are closely monitoring weather conditions in Brazilian coffee-producing areas. Although widespread severe frost events have not yet been recorded in the main producing regions, the arrival of cold air masses in the Center-South of the country has increased the level of monitoring by market participants. Meanwhile, the global 2026/27 coffee crop is expected to register a surplus of 8.75 million bags, reversing the deficit recorded in the previous five seasons, according to the first projection from [source missing]. DATAGROAccording to the consultancy, the most optimistic outlook is linked to the recovery of supply in important producing countries, accompanied by an improvement in the global stock-to-consumption ratio, in line with recent projections from the United States Department of Agriculture.
This text was translated by machine from Brazilian Portuguese.