☕Coffee prices under pressure!

Coffee prices lost more than 8% in today's session, falling below 180 cents a pound. The first reports of successive frosts indicate a limited impact on coffee cultivation. More frosts are expected over the weekend, but only in some areas and not in the entire Minas Gerais region. Nevertheless, the impact of the lower temperatures will be visible in production levels in the 2021/2022 season.

Source: xStation5

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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