The Brazilian coffee crop, which could amount to more than 50 million quintals of grain, could put prices back down again.
Faced with the prospect of a bumper crop of coffee in Brazil, Raul Amador Torres, a senior market analyst says, "The international price of coffee has improved a little and might be quoted at $190 per quintal, however, the trend is that it will go down again ... "
Wealth creation at the individual level is key to the development of a country, and investment in securities is an effective way to do it.
During the forum held at the Universidad Latina in Panama on the stock market and the Democratization of Capital, there were two notable examples of success, not only for the companies involved, but also from the benefit of having a stock market culture, essential for a country’s inhabitants:
It is looking beyond Central American integration alone to also include South America.
Roberto Brenes, head of Panama's Stock Market (BVP in Spanish), explained that the first step is to merge BVP and LATIN CLEAR, a Panamanian Central Securities Depository which performs Custody, Clearing, Settlement and electronic administration of securities. This is seen as necessary towards regionalization.
The dream of integrating the Latin American stock exchanges grows even stronger, in an attempt to strengthen the markets in these countries.
In order to achieve this objective, the Association of Central American and Caribbean Trade Exchanges will meet starting August 28 to establish the main bases for this process. Sources for Americaeconomnica.com said that the agreement will bring development to the region's businesses which will also spread to the commercial sector.
Panama, El Salvador and Costa Rica are working on a project that will harmonize – though not merge – their stock markets.
Other countries, including Nicaragua, Colombia and the Dominican Republic, have also shown interest in taking part. The new scheme is expected to come on stream within two or three years.
Roberto Brenes, executive vice-president of the Panama Stock Exchange, said the aim is to integrate negotiations and the information available on traders' screens, but the markets themselves would not be merged.