Coffee Market Shows Mixed Movements: Drop in Arabica and Rise in Robusta

Coffee prices showed mixed behavior this Wednesday (11), with arabica ending the trading session lower. The 0.22% drop in the December/24 contract reflects a moderate decline of 55 points, influenced by the increase in Brazil's green coffee exports in August, as reported by Cecafé. This rise in exports pressured prices, as the larger supply of green coffee may have created uncertainty among investors.

On the other hand, the robusta market performed positively on the London exchange, with significant gains, especially in the December/24 contract, which rose by $111, reaching $5,008 per ton. These results demonstrate stronger demand for robusta, likely driven by supply and demand factors in different international markets. The appreciation of robusta may indicate that consumers are seeking alternatives to arabica in response to price and supply pressures.

In the Brazilian domestic market, arabica prices dropped, reflecting the impact of the decline on the New York exchange and the depreciation of the dollar against the real. The pressure was felt mainly in the regions of Machado/MG and Varginha/MG, with decreases of 3.36% and 1.35%, respectively. Meanwhile, peeled cherry coffee saw smaller fluctuations but also experienced slight declines in various regions. These movements indicate a domestic market sensitive to exchange rate fluctuations and external conditions, with localized and specific negotiations.

Source: Notícias Agrícolas