Even with Brazil's record, concern about supply supports prices and coffee advances

The Arabica coffee futures market experienced price increases in both New York and London, with prices reaching 250 cents/lbp. The market's support comes from concerns about the global supply of coffee, a situation expected to persist until the start of the Vietnam harvest in November. Despite adjustments in Brazil's main sales areas, the coffee market remains strong, with robust shipments indicating a high demand for coffee and showing the challenges faced by other producing countries.

The Arabica coffee futures market had another day of appreciation for prices in New York and London. The day started with significant advances, prices reached 250 cents/lbp for Arabica and the day ended with 0.53% of appreciation traded at 246.75 cents/lbp and with Robusta advancing more than 2%, worth US $4576 a ton. The coffee market continues to be supported by concerns about the global supply of the product. According to analysts interviewed by Notícias Agrícolas, this scenario should continue at least until the start of the Vietnam harvest, only in November. According to Lúcio Dias, significant shipments from Brazil prove the world's need for coffee and mainly show the problems faced in other producing origins, which registered an increase of 35% in the period. "The robustness of shipments means that the world needs coffee. The funds have been purchased and for now they will not leave the position and counterpart, the industry is without coverage and with few suppliers, only ...