Trade4go Summary
After a week of appreciation, coffee prices started this week on a decline, pressured by the advancement of the harvest in Brazil, which increases supply and generates a drop in international quotations. According to an analysis by StoneX, despite the strong volatility, futures contracts ended last week on the rise, reversing the losses accumulated previously. The movement was driven by concerns over the 50% tariff imposed by the United States on Brazilian products, which includes coffee and can directly affect the country's exports.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
After a week of appreciation, coffee prices started this week on a decline, pressured by the advancement of the harvest in Brazil, which increases supply and generates a drop in international quotations. According to an analysis by StoneX, despite the strong volatility, futures contracts ended last week higher, reversing the losses accumulated previously. The movement was driven by concerns over the 50% tariff imposed by the United States on Brazilian products, which includes coffee and can directly affect the country's exports. Arabica coffee for September closed quoted at US¢ 303.6 per pound-weight, with a weekly increase of 6.0%. The North American protectionist measure increased the perception of risk in the market, generating speculations about a possible reduction in Brazilian supply in global trade. Robusta coffee also showed a positive performance. Most of the gains occurred on Monday (14), with an appreciation of 9% amid the same fears about American tariff barriers ...