Daily Coffee Report, May, 06th.

Pysical Market:

The physical coffee market worked the day slowly. Offer to new crop coffees with 15% of defects from R$ 285.00 to R$ 287,00, andfor coffee with 20% of defects between R$ 280,00 and R$ 283,00.

BM&F

September BM&F Arabica coffee ended at US$ 157,55 with 5,30 points lower, totalizing 3.827 contracts Sep/Dec spread was traded@2,30 and 2,50. The Sep/Sep arbitrage oscillated from -15,00 to -16,00; Sep/Dec from -17,00 to -17,50; Dec/Dec from -15,00 to -16,00. The coffee market has worked on pressure from the bear market of NY, where the first moment came to test the 135.00, but finding no support, even made the slightest to 133.00. HereatBMF we find sales of arbitration, and also stops purchased from reaching the minimum157.30. The rise of the dollar against other currencies, ended up pushing the market. The deterioration of the international scene also pressured the market.

NYBOT

July coffee contract ended at 133,20, with 410 points lower and ranged between 133.00 and 137.10.Following again the negative trend of the euro against the dollar, the coffee´s price whey in the morning was already working at the 136,50 levels, forming a triple bottom. Breaking these levels, the grain targeted the 40-day moving average at 135.30, and when broke it strong stops activation was noted, taking the grain quickly to register the day\’s low at 133.00, where found some purchases defense and with no much oscillation, ended the day quoted at 133.20. In today\’s session, was delivered 1 notice, totaling on the accumulated of period 1.086 notices. The 40, 100 and 200 moving average is located respectively at 135.30 / 138.10 and 138.90. According to Cecafé,May shipments totalized 169.311 bags, an decrease of 1,2% over the same period the previous month. July Liffe coffee close today at 1352, with 18 points lower, in a range between 1346 and 1368.