{"id":32740,"date":"2021-10-28T19:05:22","date_gmt":"2021-10-28T22:05:22","guid":{"rendered":"https:\/\/news.safras.com.br\/?p=32740"},"modified":"2021-10-28T19:05:22","modified_gmt":"2021-10-28T22:05:22","slug":"colombian-coffee-milds-and-brazilian-fine-cup-gain-relative-value","status":"publish","type":"post","link":"https:\/\/safras.com.br\/eng\/colombian-coffee-milds-and-brazilian-fine-cup-gain-relative-value\/","title":{"rendered":"Colombian coffee milds and Brazilian fine cup gain relative value"},"content":{"rendered":"\n<p>Global shipments totaled 118.7 million bags in the 20\/21 season of the ICO (Oct\/Aug), which corresponds to an increase of 1.9% over the same period of the previous business season. The bases against the ICO reference prices indicate a relative appreciation of Colombian milds and the weakening of robusta. The milds from Central America have walked on the sidelines, while Brazilian naturals show a timid valuation.<\/p>\n\n\n\n<p>Here in Brazil, fine cup with screen 17\/18 has gained value and is pegged at -10 cents FOB Santos against ICE US, taking advantage of the high of milds. MTGB good cup is around -20 cents against ICE US, reflecting the shorter stance of local sellers. Rio cup 17\/18 is indicated in the flat price at USD 203 per 50 kg bag, finding support in the scarcity of physical supply and good demand. The Rio 17\/18 indication for Jan\/Feb is -23 cents against ICE US.<\/p>\n\n\n\n<p>Brazilian conillon, on the other hand, has lost relative value. After being indicated at +20 against ICE Europe, it went down on falling interest of the domestic industry and its premium is at +8 cents against ICE Europe when converted into cents\/lb.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global shipments totaled 118.7 million bags in the 20\/21 season of the ICO (Oct\/Aug), which corresponds to an increase of 1.9% over the same period of the previous business season. The bases against the ICO reference prices indicate a relative appreciation of Colombian milds and the weakening of robusta. The milds from Central America have [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":64132,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[104],"tags":[],"commodity":[],"class_list":["post-32740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-eng"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Colombian coffee milds and Brazilian fine cup gain relative value - SAFRAS &amp; Market<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colombian coffee milds and Brazilian fine cup gain relative value - SAFRAS &amp; Market\" \/>\n<meta property=\"og:description\" content=\"Global shipments totaled 118.7 million bags in the 20\/21 season of the ICO (Oct\/Aug), which corresponds to an increase of 1.9% over the same period of the previous business season. 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