Coffee prices fall

On Monday coffee futures fell sharply, weakened by the strengthening US dollar and strong Brazilian exports.

Tuesday, January 6, 2009

According to laprensagrafica.com, "Romain Lathiere, administrator of the Diapason Commodities Management Fund, said that the fall in coffee prices "is related mainly to the US dollar and solid Brazilian exports, which is not good for the coffee market."

At the ICE - the exchange market - Arabian coffee futures for March fell 2.9%, to $1.07 per pound."

Update: the closing price for the same contract for Tuesday 6 registered an 7% increase.



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$25 drop in the price of coffee is temporary

October 2008

The price of coffee fell $25.45 in a month, but the Coffee Institute of Costa Rica (Icafe) insists that this is due to speculation and not due to actual increase in supply.

The price of the grain went from $135.15 per quintal on September 26, to $108.70 on Tuesday at the at the close of the New York Stock Market, which is the reference market that is most used.

The Coffee Market in April 2013

June 2013

The price indicator of the ICO composite fell by 1.4% in April, despite a brief recovery having been observed at mid-month, and recorded the lowest monthly average in three years. 

From the monthly report on the coffee market up to April 2013 by the International Coffee Organization:

Coffee Prices On the Rise

June 2010

The international price of coffee has increased 30% in the past two weeks.

Nestor Osorio, president of the International Coffee Organization, explained the hike as a result of ‘speculation’ and ‘nervousness’.

“The price of Arabica Coffee went abruptly up by 10%, reaching a 12-year high in the futures market in New York.

Coffee Prices Continue to Fall

March 2012

The price of a quintal has fallen below $200 due to a Brazilian "superharvest", with industry leaders recommending caution.

On Tuesday March 6th a quintal of coffee traded at $192.95 on the New York Stock Exchange, down 4.24%, lower again than at the beginning of the week when it was recorded at $201.5.

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