The Brazilian coffee market had a Wednesday of firm prices, from stable to higher. The moderate rise of arabica on the New York Stock Exchange (ICE Futures US) and the dollar at the close supported prices in the country. However, the day was slow and emptied in terms of business, given the erratic behavior of the stock exchange and the holiday this Thursday (7).
Many agents only return to activities next Monday, the 11th, which made the pace of negotiations even slower. In the case of conillon, the market was stable, with mixed prices on the London exchange for robusta.
This Wednesday (6), arabica good cup with 15% of defects was at BRL 835.00/840.00 a bag, against BRL 830.00/840.00 on the previous day. In the cerrado of Minas Gerais, arabica hard cup with 15% of defects was pegged at BRL 845.00/855.00 a bag, compared to BRL 840.00/850.00 previously.
Arabica Rio type 7 in the Zona da Mata of Minas Gerais, with 20% of defects, was priced at BRL 755.00/765.00 a bag, against BRL 750.00/760.00 previously. Conillon type 7 in Vitória, Espírito Santo, was at BRL 615.00/625.00, while type 7/8 was at BRL 605.00/615.00, stable.