At 10:26 am (Brasilia time) this Monday (6), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) It showed a significant increase of 5.52%, quoted at US$ 378.80 per 60 kg bag. The December contract remained stable at US$ 353.40/bag. New York Mercantile Exchange (Nymex)The assets appreciated by 5.69% and 5.94%, quoted at US$ 318.35/sc and US$ 303.30/sc, respectively. This morning, with the resumption of trading after the US Independence Day holiday, investors adjusted their positions amid the high volatility observed last week. Prices continue to be supported by the delay in the Brazilian harvest, reduced global stocks, the inversion of spreads between futures contracts, and weather uncertainties in the main producing regions. Furthermore, the activity of investment funds continues to increase volatility and intensify upward movements in the market.
This text was translated by machine from Brazilian Portuguese.