At 10:47 am (Brasilia time) this Wednesday (8), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) It showed a slight increase of 0.41%, quoted at US$ 378.00 per 60 kg bag. The December contract showed gains of 0.49%, at US$ 368.30/bag. Meanwhile, New York Mercantile Exchange (Nymex)Assets depreciated by 1.07% and 1.11%, quoted at US$ 314.20/sc and US$ 301.60/sc, respectively. This morning, the market reacted to the situation of the 2026/27 coffee harvest in Brazil. In the area of operation of Cooxupé, activities reached 30.9% of productive areas, after advancing 6 percentage points in a week. At the same point last season, the harvest was at 40.4%; on average over the last five harvests, at 40.7%. In parallel, the Brazilian soluble coffee industry participated this Tuesday (7) in a public hearing conducted by the USTR, Office of the United States Trade Representative, within the scope of the investigation that may result in the imposition of 25% tariffs on Brazilian products. The strategy adopted by the sector, represented by Abics with support from the consulting firm BMJ, focused its arguments on the effects that a potential surcharge would have on the American production chain itself, and not just on Brazilian exports.
This text was translated by machine from Brazilian Portuguese.