Futuros de Cafe Cerraron en Baja
Los futuros de café extendieron su caída hoy, con los precios del arábica cerrando cerca de los bajos de la sesión, ahora 28.75 centavos por debajo del alto de ayer en marzo 2025. La actividad comercial se mantuvo muy limitada, con informes desde los países de origen que indican que los mercados internos han estado prácticamente paralizados durante los últimos dos días debido a la alta volatilidad en el mercado C.
De cara al futuro, se espera que los compradores de la industria comiencen a aparecer entre 305 y 285, un rango que coincide con los promedios móviles de 20 y 50 días. Aumentando la incertidumbre, circulan noticias de otra casa comercial que estima la cosecha de arábica de Brasil 2025/2026 en 40 millones de sacos. Este amplio rango de estimaciones probablemente mantendrá la incertidumbre en el mercado y generará volatilidad continua en los precios.
El mercado ahora enfrenta el desafío de descontar la cosecha futura en el precio mientras raciona la demanda de arábica en consecuencia. Como referencia, ya sabemos que marzo 2025 alcanzó un alto de 348.35, y el switch U5/Z5 llego a una prima de 13.65 centavos. Mientras tanto, el arbitraje arábica/robusta alcanzó un alto cercano a 100 centavos, cual se redujo a 87 centavos en el comercio de hoy.
Al momento de escribir este artículo:
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