Thursday 18 April 2024
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Michel Temer

Carnival and price drops in New York futures market limit trades in Brazil

SAO PAULO, Brazil – The pace of arabica coffee trades was slow in Brazil and prices were dropping in late February. Sellers, who were refrained from the market, did not consider asking prices attractive. Besides, the recess because of carnaval in Brazil limited trades even more.

Why has Brazil’s President Temer decided to backtrack on coffee imports?

BRASILIA, Brazil – Brazil's president has suspended authorization for local processors to import coffee beans from Vietnam. It meant a sudden reversal of a...

Brazil halts imports of Robusta coffee amid opposition from farmers

BRASILIA, Brazil – Brazil's President Michel Temer (picture) ordered a suspension of the authorisation of Robusta coffee on Wednesday amid a battle between farmers...

Arabica futures surge to new highs

MILAN - Arabica coffee futures traded higher for the 2nd consecutive session on Tuesday. The benchmark contract for December delivery gained 400 points reaching...

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