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Brazilian coffee exports
News update regarding Brazilian coffee exports.
Robusta coffee prices surged to $4,078, while the COMEX currency retreated to a one-month low.
Coffee prices led the rally in industrial commodities, boosted by the Brazilian Real, while the COMEX fell nearly 0.8% due to changes in US tax policy.
Market
Coffee prices today, January 21st: Increased to 99,700 VND/kg, approaching the 100,000 VND mark.
Coffee prices in the Central Highlands simultaneously increased by 400-600 VND/kg on January 21st, approaching a key psychological threshold. The global market is showing a divergence between Robusta and Arabica varieties.
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