Price of Arabica Coffee to Rise 24%

Current low prices plus an increase in world demand will push the New York price of Arabica Coffee to $1.55 per pound.

Tuesday, September 1, 2009

"Arabica Coffee futures in New York could rise 24% by the end of the year, because coffee mixers will demand more of the variety to compensate the alternative supply of Robusta grains, said Mark Hensen, director of CPM Group", as noted by ElNuevoHerald.com.

Robusta prices are also low, and must increase in order to boost production to consumption demand levels. A ton could reach $1.600 by the end of the year in London's Liffe market.

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.

Monthly Report on the Coffee Market in April 2012

May 2012

The monthly average composite indicator price in April was $160.46 cents / pound compared to $167.77 in March. The prices were less volatile in April than in March.

Despite the dip, Robusta coffee prices remain firm and the average sales price in the first 4 months of 2012 is still above that recorded in the fourth quarter of 2011.

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.

$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.

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