At 10:16 am (Brasilia time) this Thursday (11), the July contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price was up 0.66%, quoted at US$307.00 per 60 kg bag. The September contract, however, rose 1.54% to US$299.30/bag. New York Mercantile Exchange (Nymex)The equivalent assets showed gains of 0.76% and 0.92%, quoted at US$ 250.30/sc and US$ 246.85/sc, respectively. This morning, market participants reacted to new data on US retail coffee prices. According to data from the Federal Reserve Economic Data (FRED), the indicator reached US$ 9.51 per pound, a 2.18% drop compared to the record of US$ 9.72/lb registered in April. Despite the first monthly decline of the year, the movement does not yet alter the picture of high prices in the US market. The indicator remains close to the highest level in the historical series, reflecting the lagged pass-through of raw material costs, tighter inventories, and accumulated pressures along the roasting and distribution chain. Meanwhile, in Brazil, the Brazilian Institute of Geography and Statistics (IBGE) raised its projection for the country's 2026/27 coffee harvest to 66.8 million 60 kg bags, including both Arabica and Robusta varieties. The previous estimate was 66.1 million bags.
This text was translated by machine from Brazilian Portuguese.