MILAN \u2013 Coffee futures saw more moderate price fluctuations during November. In New York, the ICE Arabica March contract closed the first session of the month, on 3 November, at 386.70 cents and ended on 28 November at 381.20 cents, fluctuating between a monthly high of 399.30 cents, on 11 November (422.70 cents on the same day on the front month), and a low of 369.45 cents on 21 November.<\/p>\n
In London, the contract for January delivery reached its monthly high on 3 November, closing at $4,693, and a monthly low of $4,223 on 14 November, ending the month, last Friday at $4,565.<\/p>\n
The market was affected by the weather in Brazil and Vietnam, but was also influenced by political developments in the US and the European Union.<\/p>\n
In Europe, EU leaders agreed to postpone and further relax the rules introduced by the European Union Deforestation Regulation (EUDR).<\/p>\n
This eased tensions in the markets, given the serious repercussions that such a strict and complex law would have had on the entire global supply chain.<\/p>\n
This eased tensions in the markets, given that such a strict and complex law, in its original form, would have had repercussions for the entire global supply chain.<\/p>\n
In the United States, the White House’s decision to lift tariffs on around 100 products, including coffee, and the subsequent announcement of the removal of the 40% punitive tariffs on Brazilian food products, including green coffee, allowed the US industry to breathe a sigh of relief after months of tension, which had further inflated retail prices.<\/p>\n
Returning to last Friday’s session, both markets posted marginal gains. Ice Arabica and Ice Robusta rose by 0.40% and 0.6% respectively. Prices were supported by the strengthening of the Brazilian real against the dollar, which rallied to a 1-week high against the dollar, discouraging export sales by Brazilian coffee producers, and triggering some short covering.<\/p>\n
Markets continue to monitor weather conditions in Vietnam, where Typhoon Koto, the 15th named storm to enter the East Sea in 2025, unexpectedly weakened and was downgraded to a tropical depression earlier than forecast.<\/p>\n
The tropical depression is expected to move southwestward at around 5 km\/h. By 1:00 AM on December 2, it will be approximately 200 kilometers east of the coastal areas of Gia Lai and Dak Lak provinces, report local media.<\/p>\n
At that point, it is forecast to drop to level 6 with gusts at level 8. In the following 12 hours, the system will likely move further southwest at about 10 km\/h and weaken into a low-pressure area offshore from Gia Lai\u2013Dak Lak, according to VNDMS.<\/p>\n","protected":false},"excerpt":{"rendered":"
MILAN \u2013 Coffee futures saw more moderate price fluctuations during November. In New York, the ICE Arabica March contract closed the first session of the month, on 3 November, at 386.70 cents and ended on 28 November at 381.20 cents, fluctuating between a monthly high of 399.30 cents, on 11 November (422.70 cents on the […]<\/p>\n","protected":false},"author":7,"featured_media":115600,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6834,107290],"tags":[108675,108708,8824,8825],"class_list":{"0":"post-203843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trade","8":"category-reports-statistics","9":"tag-coffee-futures-prices-news","10":"tag-coffee-markets-news","11":"tag-ice-arabica","12":"tag-ice-robusta"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","yoast_head":"\n