Future Arabica coffee contracts on the New York Stock Exchange (ICE Futures US) were up more than 100 points this Monday morning (28). The external market extends gains with technical factors and attention to exchange rate fluctuations.
At 9:32 am, the March 19 maturity was down 170 points at 05.10 cents/lb. May rallied 105 points at 109.50 cents/lb and July 19 posted 112.25 cents/lb with a 110-point gain.
In Brazil, at the last closing, the hard type 6 was traded at R$ 425.00 a 60 kg bag at Guaxupe (MG), in Espirito Santo do Pinhal (SP), the bag was at R$ 400.00 and in Pocos de Caldas (MG) was worth R$ 406.00.