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Wednesday, 10 February 04:37 (GMT -05:00)



Stock and commodities markets

Coffee Market Outlook

Coffee Market Outlook

 

 

As it was expected by Masterforex-V Academy experts, coffee prices are fluctuating within the 174,5 - 190,5 price range.
 

 

 

 

 

 

 
The weather conditions in most coffee-growing regions are improving but raise concerns in Eastern Africa.
 
Despite heavy rains, most coffee-growing parts of Brazil still need more water after prolonged droughts. Over the weekend and next week more rains are expected to favor Brazil and Colombia’s coffee harvests.
 
Dry weather in Mexico and Central America will contribute to the current harvesting campaign.
 
After prolonged heavy rains, Vietnam needs dry weather to crop a reach high-quality harvest. The weather forecasts are promising.
 
Droughts in Eastern Africa keep threatening the harvests of coffee in Ethiopia, Kenya, Tanzania and Uganda. More rains are needed.

 

 

Георгий Криворотенко

 

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