Price of "C" Coffee Almost at $ 300 a Quintal

Widespread purchases by investors hit the markets influenced by a weak dollar and rising oil prices.

Tuesday, March 8, 2011

The report by the National Coffee Association of Guatemala said that bean prices for "C" type contracts continue to rise, reaching 1997 levels.

"Coffee prices in "C" contracts set a 13 year high. Investors hit the markets influenced by a weak dollar and rising oil prices, in addition to limited deliveries of March contracts, set up a scenario where certified inventories remain low. The Robusta coffee market also went on the rise, due to political instability in Côte d'Ivoire which still does not find a short term solution, causing distortions to supply in Robusta coffee and cocoa. Weather reports indicate that widespread rains caused some flooding in major coffee areas of Sao Paulo and Minas Gerais, which are favorable to alleviate dry conditions experienced during the month of February. Coffee for delivery in March 2012 is supported at 263.00 and resistance at 285.00."

More on this topic

Coffee: Global Prices up to March 2017

April 2017

In March the growth in inventories in most varieties reinforces the fact that the market lacks any clear signals of a reverse in the current downward trend.

From the monthly report by the International Coffee Organization (ICO): 

In March, the ICO composite indicator price fell slightly.

Coffee: Global Prices in October 2016

November 2016

Insufficiency of the Robusta variety has caused the coffee market to reach its highest level in 21 months.

From a report by the International Coffee Organization:

Coffee prices rose significantly in October, with support coming from continuing concerns over Robusta supply.

Coffee Continues to Rise and Reaches $207 in 'C' Contracts

April 2014

The rise in coffee futures corresponds to expectations of lower production in Brazil and increased demand in the U.S., China and Europe.

From a report by Anacafé at the end of April 9th, 2014:

Coffee prices in "C" contracts closed at higher prices. The prices behaved in a volatile fashion.

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.

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