Coffee Futures Hit Record Prices

After 13 years, prices in future contracts of coffee in the New York market are over $ 210.

Thursday, November 11, 2010

This upward momentum comes not only from lower yield forecasts by main world producers of coffee, but also speculation. Dollar weakness encourages financial traders to hide their capital into commodities and coffee is one of the most sought after for future operations.

In an article in, Lorena Alvarez reports that "the constant rains in Vietnam, Indonesia, India, Colombia and the Central American countries put pressure on the international market, which has led to a reduction of existing inventory to lower than 12 million 60 kilo bags, the lowest since the seventies, said Jose Sette, director of the International Coffee Organization.”

But the president of the National Coffee Association (Anacafe), Ricardo Villanueva, believes the price increase is not due to inventory problems, but speculation, since there is enough supply of grain to meet global demand.

More on this topic

Market Volatility Affects Coffee

October 2011

The price of the grain fell 30% in the last twenty days, affected by uncertainty in global securities markets.

This time it is not bad weather or speculative buying in markets that is affecting the international price of grain, which has shown a significant reduction in recent days.

Speculation Delays Coffee Sales in Guatemala

November 2010

According Anacafé, international grain buyers are delaying their purchases, waiting for prices to fall.

The international price of coffee is at record levels above $ 210 per bag. Directors of the National Coffee Association (Anacafe) explained that international buyers are expecting prices to fall and added that producers are finding it difficult to sell the product at these prices in the global market.

Guatemala: Coffee Producers Fear Lower Prices

October 2010

Farmers expressed concern about the possible entry of Brazilian coffee bean in contract "C" of the NY Stock Exchange.

The National Coffee Association (Anacafe) noted that the entry of Brazil could bring down the price of national aromatic high quality bean. reports that according to Ricardo Villanueva, president of the National Coffee Association (Anacafe), "...

What Drives the High Price of Gold?

November 2009

Paulo de León, from Central American Business Intelligence, analyzes 4 hypothesis for explaining the sustained increase in the price of gold.

According to De León, one of the most recent theories and which "is being backed up by the behavior of the markets, is the demise of the U.S.

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