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13.04.202615:12:12UTC+00Arabica Coffee Futures Hover Around 1-Week High

Arabica coffee futures hovered around $2.95 per pound, holding near one-week highs, largely supported by the strength of the Brazilian real, which reduces Brazil’s export competitiveness and tends to constrain external supply. However, forecasts for a large harvest this year from top producer Brazil continued to exert downward pressure on prices. Markets remain focused on weather conditions ahead of next month’s harvest; crop development has so far been mostly favorable, reinforcing expectations for robust output. In Colombia, the world’s second-largest arabica producer, March production dropped 29% year-on-year to 754,000 tonnes due to heavy rainfall. At the same time, geopolitical tensions are being closely watched for their potential impact on logistics and shipping costs.

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