Coffee prices stabilize in the international market

The price of coffee in the international market have stabilized at around $110 per 60 kilo sack.

Thursday, December 11, 2008

Throughout November 2008 the prices recorded in the "C" contract in the New York Stock Exchange fluctuated around $100.

Esther Eskenasy, market analysis for the National Coffee Association (Anacafe), explained that on Monday 8th, the US Department of Agriculture had lowered global coffee production for the 2008/2009 harvest, and this helped to stabilize the coffee prices.

More on this topic

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.

Falling Coffee Prices Worry Growers

February 2012

Grain prices fell by $20 on the Intercontinental Exchange (ICE) in New York, which will affect producer’s plans and their profit margins.

Last Friday (10th February) the grain traded at $220.60 per quintal, while on Wednesday (15th February), the price per quintal was $200.40.

More Downward Pressure on Price of Coffee

December 2012

Very good harvests in Vietnam and Brazil, and a drop in European demand are the factors affecting prices, which continue to decline.

Added to a persistent decline in the international prices, is the extensive affect on Central American harvests of the "Roya" blight, that is affecting an estimated 80% of plantations. The effects of the pest will be felt not only in the present harvest, but in the next.

Coffee: Waiting for the Brazilian Harvest

July 2012

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 ... "

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Cafe Antigueño

Organization that operates in Guatemala.
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