Home Agribusiness Arabica Price Drop More Than One Hundred Points in This Morning, Jan. 2nd...

Arabica Price Drop More Than One Hundred Points in This Morning, Jan. 2nd in NY

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Arabica coffee futures contracts on the New York Stock Exchange (ICE Futures US) are trading at more than 100 points this morning (02). The external market increases the losses with technical factors and optimism for the global supply of grains.

Around 9:18 p.m., the March / 19 maturity fell 120 points to 100.65 cents / lb and in May / 19 it was 103.85 cents / lb to 110 points. July / 19 had devaluation of 110 points, to 106.70 cents / lb.

In Brazil, at the last closing, hard type 6 was traded at R $ 423.00, the 60kg bag at Guaxupé (MG) and Poços de Caldas (MG) was worth R $ 385.00.