MILAN – Uncertainty in the markets, related to both fundamental, technical and speculative factors, continues to drive the coffee futures markets to stellar levels. Yesterday, Wednesday 12 February 2025, both exchanges soared to new highs, fully recovering the losses caused by profit taking on Tuesday. In New York, the March contract for coffee futures closed at a new high of 431.80 cents, up 4.4% on the day.
The May contract gained 3.9% to close at 420.20 cents. In London, the May contract rose by 2.8% to settle at a new all-time high of $5,821.
Cecafé has released its monthly on coffee exports. In January 2025, Brazilian exports of all forms of coffee recorded a partial decrease (-1.6%) compared to the same month last year, amounting to 3,976,765 bags.
The decline was more pronounced for green coffee exports, which fell by 3.8% to 3,606,199 bags.
This was almost entirely due to Robusta shipments, which fell by 28.9% to 328,074 bags, while Arabica volumes remained more or less stable (-0.3%) at 3,278,125 bags.
Foreign sales of processed coffee (mainly soluble) rose by more than a quarter (+25.7%) to 370,566 bags.
The top three export destinations in January this year were the US, which imported a total of 713,348 bags, up 3.1% from January 2024; followed by Germany, with 457,569 bags (-35.0% year-on-year); and Italy, with 262,809 bags (+31.2%).
Exports to Japan (+15.48%), Turkey and Spain also increased, while those to Belgium (-50.37%) fell sharply.
Hamburg was the main port of destination, followed by Antwerp and New Orleans.
Coffee exports in all forms in the first 7 months of the 2024/25 crop year (July-January) were up 11.3% to 30,147,253 bags. Exports of green coffee rose by 10.2% to 27,539,504 bags, of which 22,129,876 (+7.6%) were Arabica and 5,409,628 (+22.1%) were Robusta. Sales of processed coffee rose 24.7% to 2,607,749 bags.
Meetings between Brazilian entrepreneurs and potential international clients at the World of Coffee Dubai trade fair in the United Arab Emirates could generate up to USD 9.6 million in business over the next 12 months, reports the Brazil-Arab News Agency (ANBA).
Ten farmers are in the emirate this week through the Agro.BR project, an initiative by Brazil’s National Confederation of Agriculture (CNA) and the Brazilian Trade and Investment Promotion Agency (ApexBrasil) to promote Brazilian agribusiness products abroad.
According to information released by the CNA, over the three days of the fair Brazilian entrepreneurs visited the exhibition, identified potential partners, and took part in B2B meetings.
