At 9:57 am (Brasilia time) this Thursday (28), the July contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price was stable, quoted at US$341.70 per 60 kg bag. Meanwhile, the September contract advanced 2.14%, to US$324.00/bag. New York Mercantile Exchange (Nymex)The equivalent assets advanced 3.09% and 3.00%, quoted at US$ 278.20/sc and US$ 269.95/sc, respectively. This morning, the market is reacting to the news that China will begin accepting imports of coffee beans from African countries that maintain diplomatic relations with Beijing, starting July 20, 2026, as part of its zero-tariff policy for African products. Companies' participation will depend on applications submitted through national trade departments, approval by the Chinese side, and compliance with technical requirements for production, inspection, phytosanitary quarantine, and pre-shipment management. Meanwhile, investors are monitoring the fieldwork for the 2026/27 harvest in Brazil, considering the climatic effects recorded last week, which may affect the quality of the fruit.
This text was translated by machine from Brazilian Portuguese.