At 10:34 am (Brasilia time) this Tuesday (14), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) It showed a moderate increase of 0.52%, quoted at US$ 395.00 per 60 kg bag. The December contract advanced 0.53%, to US$ 380.00/bag. Meanwhile, New York Mercantile Exchange (Nymex)Both assets appreciated by 1.77%, quoted at US$ 335.85/sc and US$ 316.55/sc, respectively. This morning, prices were benefiting from strong international demand. According to data from the Secretariat of Foreign Trade (Secex), Brazilian exports of green coffee totaled 974,160 bags in the first eight working days of July. The total revenue obtained was US$ 310.02 million. In the United States, coffee imports by the country registered 1.94 million bags in May, an increase of 14.34% compared to the 1.69 million bags observed in the previous month.
This text was translated by machine from Brazilian Portuguese.