At 10:03 am (Brasilia time) this Friday (26), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) It was operating with a sharp decline of 1.38%, quoted at US$ 320.50 per 60 kg bag. The December contract, however, remained stable at US$ 316.50/bag. Meanwhile, New York Mercantile Exchange (Nymex)Meanwhile, assets depreciated by 1.81% and 1.59%, quoted at US$ 271.40/sc and US$ 259.20/sc, respectively. This morning, market participants continue to monitor the harvesting of the new coffee crop in Brazil. Cooxupé's coffee harvest advanced to 20.1% of the monitored area as of June 19th, the cooperative reported, with a more advanced pace in the Matas de Minas region and more moderate progress in the Cerrado Mineiro region.
This text was translated by machine from Brazilian Portuguese.