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Tampilkan postingan dengan label robusta coffee prices. Tampilkan semua postingan
Tampilkan postingan dengan label robusta coffee prices. Tampilkan semua postingan
01.42
Global Coffee Supplies Increase support Prices
Written By mine on Rabu, 12 Desember 2012 | 01.42
Global coffee supplies increase support coffee prices after Vietnam seek higher prices after faster in harvest. Curbs on sales from Vietnam may support prices as global supplies increase. Farmers worldwide will gather 56 million 60- kilogram bags of robusta in the 2012-2013 year, up from 53.3 million bags a year earlier, the International Coffee Organization estimates. Robusta has tumbled 13 percent since the end of September when harvesting began in Vietnam.
Robusta is harvested mainly in Asia and parts of Africa, while arabica is grown in Latin America. Robusta for delivery in January rose 0.8 percent to $1,888 yesterday on NYSE Liffe, while arabica for March increased 1.7 percent to $1.495 a pound on ICE Futures U.S. in New York. Robusta’s discount to arabica has shrunk to 63.86 cents from 145 cents at end-2011.
Farmers have gathered about 75 percent of the crop, or about 1.1 million metric tons, and sold 360,000 tons, according to the medians of seven trader and shipper estimates compiled by Bloomberg. The harvest is set to drop 12 percent to 1.45 million tons from a record 1.65 million tons last season, the survey shows. Robusta traded in London may climb 14 percent to $2,150 a ton by the end of June, a separate survey shows.
Farmers have the financial resources to limit sales and are waiting for domestic prices to reach 40,000 dong ($1.92) a kilogram, Luong Van Tu, chairman of Vietnam Coffee & Cocoa Association, said in a Dec. 6 interview in Ho Chi Minh City. Prices are around 38,000 dong to 39,000 dong and sometimes lower, he said. Farmers have been able to borrow at least 50 million dong each without collateral since the start of the year because of government support, he said.
Robusta is harvested mainly in Asia and parts of Africa, while arabica is grown in Latin America. Robusta for delivery in January rose 0.8 percent to $1,888 yesterday on NYSE Liffe, while arabica for March increased 1.7 percent to $1.495 a pound on ICE Futures U.S. in New York. Robusta’s discount to arabica has shrunk to 63.86 cents from 145 cents at end-2011.
Farmers have gathered about 75 percent of the crop, or about 1.1 million metric tons, and sold 360,000 tons, according to the medians of seven trader and shipper estimates compiled by Bloomberg. The harvest is set to drop 12 percent to 1.45 million tons from a record 1.65 million tons last season, the survey shows. Robusta traded in London may climb 14 percent to $2,150 a ton by the end of June, a separate survey shows.
Farmers have the financial resources to limit sales and are waiting for domestic prices to reach 40,000 dong ($1.92) a kilogram, Luong Van Tu, chairman of Vietnam Coffee & Cocoa Association, said in a Dec. 6 interview in Ho Chi Minh City. Prices are around 38,000 dong to 39,000 dong and sometimes lower, he said. Farmers have been able to borrow at least 50 million dong each without collateral since the start of the year because of government support, he said.
04.39
Coffee Robusta Prices Jump Trade at $2.031 per metric ton
Written By mine on Selasa, 03 April 2012 | 04.39
Robusta coffee prices jumped 12 percent in the first quarter, the biggest gain in a year, and traded at $2,031 a metric ton (92.12 cents a pound) yesterday on NYSE Liffe. Prices will average $1,600 in the fourth quarter, 21 percent less than now, Rabobank’s Flury wrote in a report on March 27.
Global robusta supply will exceed demand by 1.2 million bags in the year that begins in October, compared with a 1 million-bag shortage in the current season, according to Winterthur, Switzerland-based Volcafe. Each bag weighs 60 kilograms (132 pounds). Arabica output will outpace consumption by about 800,000 bags in 2012-2013, compared with a 6 million- bag deficit in the current season, the unit of ED&F Man Holdings Ltd., a London-based commodities trader, forecast in a quarterly report in February.
Farmers in Vietnam have been stockpiling robusta as a hedge against consumer prices that surged 23 percent in August, according to Macquarie Group Ltd. With inflation moderating to 14 percent in March and harvests about to start in Indonesia and Brazil, they may now accelerate sales, the bank predicts. Arabica is poised to rally 10 percent in the next three months, as drought in Brazil threatens the crop and demand from emerging markets strengthens, Goldman Sachs Group Inc. estimates.
“People have focused on the shortage of robusta supplies, and that will change as the crops in Indonesia and Brazil come in and put pressure on the Vietnamese farmers to release their record crop,” said Keith Flury, an analyst at Rabobank in London. “The market is also seriously underestimating how tight the arabica supply-and-demand balance will be.”
“Robusta should weaken over time, as production is going to catch up,” John Stephenson, who helps manage $2.7 billion of assets at First Asset Investment Management Inc. in Toronto, said in an interview. “At the same time, you have demand growth in arabica and fairly tight inventories, so I would expect to see robusta fade a bit and relative strength in arabica.”
Production in Indonesia, the third-biggest robusta grower behind Vietnam and Brazil, may rise 38 percent to 11 million bags in the season starting in April, the Indonesian Coffee and Cocoa Research Institute estimates.
Wagers on robusta may be reversed once Vietnamese farmers accelerate shipments. They sold about 70 percent of the current season’s crop so far, preferring to hold on to beans, according to Volcafe. The start of harvests in Brazil and Indonesia next month and slower domestic inflation probably will spur them to reverse that trend, said Kona Haque, an analyst at Macquarie in London.
Global robusta supply will exceed demand by 1.2 million bags in the year that begins in October, compared with a 1 million-bag shortage in the current season, according to Winterthur, Switzerland-based Volcafe. Each bag weighs 60 kilograms (132 pounds). Arabica output will outpace consumption by about 800,000 bags in 2012-2013, compared with a 6 million- bag deficit in the current season, the unit of ED&F Man Holdings Ltd., a London-based commodities trader, forecast in a quarterly report in February.
Farmers in Vietnam have been stockpiling robusta as a hedge against consumer prices that surged 23 percent in August, according to Macquarie Group Ltd. With inflation moderating to 14 percent in March and harvests about to start in Indonesia and Brazil, they may now accelerate sales, the bank predicts. Arabica is poised to rally 10 percent in the next three months, as drought in Brazil threatens the crop and demand from emerging markets strengthens, Goldman Sachs Group Inc. estimates.
“People have focused on the shortage of robusta supplies, and that will change as the crops in Indonesia and Brazil come in and put pressure on the Vietnamese farmers to release their record crop,” said Keith Flury, an analyst at Rabobank in London. “The market is also seriously underestimating how tight the arabica supply-and-demand balance will be.”
“Robusta should weaken over time, as production is going to catch up,” John Stephenson, who helps manage $2.7 billion of assets at First Asset Investment Management Inc. in Toronto, said in an interview. “At the same time, you have demand growth in arabica and fairly tight inventories, so I would expect to see robusta fade a bit and relative strength in arabica.”
Production in Indonesia, the third-biggest robusta grower behind Vietnam and Brazil, may rise 38 percent to 11 million bags in the season starting in April, the Indonesian Coffee and Cocoa Research Institute estimates.
Wagers on robusta may be reversed once Vietnamese farmers accelerate shipments. They sold about 70 percent of the current season’s crop so far, preferring to hold on to beans, according to Volcafe. The start of harvests in Brazil and Indonesia next month and slower domestic inflation probably will spur them to reverse that trend, said Kona Haque, an analyst at Macquarie in London.
07.24
Coffee Prices Arabica and Robusta Varieties
Written By mine on Selasa, 27 Maret 2012 | 07.24
Coffee arabica Plantation PB and A grade received support at current price levels, C grade price was higher by Rs 250 for 50 kg when compared to last week levels and was bought by the domestic trade, B grade on offer remained unsold.
Arabica Cherry PB and AB grade received enquiry at current price levels, C grade sold at prices similar to last levels. Domestic traders were selective on Arabica Plantation and Arabica Cherry at the Indian Coffee Trade Association (ICTA) auctions last week.
According to auctioneer J Thomas & Company, there was no enquiry from the exporters for Arabica coffees on sale, while Robusta Parchment coffees received support from both exporters as well as domestic trade.
Robusta Parchment coffee prices were higher by Rs 50 to 100 for 50 kg compared to last week's sale. Robusta Cherry coffees remained unsold as seller's price expectation was higher than the buyer's interest.
Arabica Plantation and Arabica Cherry BBB price were lower by Rs 50 to Rs 300 for 50 kg, Robusta Parchment BBB price was higher by Rs 140 for 50 kg when compared to last levels. Robusta Cherry BBB remained unsold.
The prices quoted for grades in 50-kg bags were:
Robusta varieties — Robusta Parchment PB Rs 7,200 – 7,300, Robusta Parchment AB Rs 7,850 – 7,900, Robusta Parchment AA Rs 8,000, Robusta Parchment RKR Rs 7,950 and Robusta Parchment BBB Rs 5,000 – 5,640. Arabica varieties — Arabica Plantation MNEB Rs 10,400-10,425, Arabica Plantation A Rs 10,850, Arabica Plantation C Rs 9,750, Arabica Plantation BBB Rs 6,300 – 6,600, Arabica Cherry PB Rs 9,000, Arabica Cherry AB Rs 8,800, Arabica Cherry C Rs 6,700 and Arabica Cherry BBB Rs 5,705.
Arabica Cherry PB and AB grade received enquiry at current price levels, C grade sold at prices similar to last levels. Domestic traders were selective on Arabica Plantation and Arabica Cherry at the Indian Coffee Trade Association (ICTA) auctions last week.
According to auctioneer J Thomas & Company, there was no enquiry from the exporters for Arabica coffees on sale, while Robusta Parchment coffees received support from both exporters as well as domestic trade.
Robusta Parchment coffee prices were higher by Rs 50 to 100 for 50 kg compared to last week's sale. Robusta Cherry coffees remained unsold as seller's price expectation was higher than the buyer's interest.
Arabica Plantation and Arabica Cherry BBB price were lower by Rs 50 to Rs 300 for 50 kg, Robusta Parchment BBB price was higher by Rs 140 for 50 kg when compared to last levels. Robusta Cherry BBB remained unsold.
The prices quoted for grades in 50-kg bags were:
Robusta varieties — Robusta Parchment PB Rs 7,200 – 7,300, Robusta Parchment AB Rs 7,850 – 7,900, Robusta Parchment AA Rs 8,000, Robusta Parchment RKR Rs 7,950 and Robusta Parchment BBB Rs 5,000 – 5,640. Arabica varieties — Arabica Plantation MNEB Rs 10,400-10,425, Arabica Plantation A Rs 10,850, Arabica Plantation C Rs 9,750, Arabica Plantation BBB Rs 6,300 – 6,600, Arabica Cherry PB Rs 9,000, Arabica Cherry AB Rs 8,800, Arabica Cherry C Rs 6,700 and Arabica Cherry BBB Rs 5,705.
17.43
TCB: Arabica Coffee Prices Fall, Robusta Coffee Prices Rose
Written By mine on Selasa, 06 Desember 2011 | 17.43
Arabica coffee trading has slow make its coffee prices fell. This condition interfered by supply of the coffee bean is increased to the auction. According to TCB or Tanzania Coffee Board that 29,333 60-kg bags were offered at the sale with 23,097 bags sold. A total of 21,473 bags were up for sale in the previous auction, with 17,786 bags sold.
Before continue reading this post better now that Tanzania is biggest Arabica coffee producer, and It?s also growth some Robusta Coffee.
Why Arabica coffee prices fall?
The one factor that drive arabica coffee prices fall is market down because supplied coffee from southern parts being done. But market players still expect that coffe prices will rise in holiday season. This mean until end of December 2011, because in January 2012 coffee prices futures predicted decline.
In the New York auction, coffee prices also down last week by $5.90 per 50 kg, while London prices rose by $3.60 per 50 kg.
Benchmark grade AA sold at $236-$321 per bag, down from $267-$340.80 per bag previously. The average price was $284.37 per bag, down from $286.85.
The average price for Grade A rose to $284.47 from $279.33 previously. The newly introduced grade AB got an average price of $280.03, down from $286.40.
The coffe board also forecasts the 2011/12 crop will fall to 45,000 tonnes in the continent's fourth-largest coffee grower -- after Ethiopia, Uganda and Ivory Coast -- from 56,247 tonnes in the previous season.
Robusta Coffee prices rose, Why?
Robusta coffee prices rose because coffee supply shortages according Tanzania Coffee Board. These condition predicted because robusta coffee is not main and biggest coffee produce there. And although robusta coffee prices rising, it?s will not exeed the arabica coffee prices
Before continue reading this post better now that Tanzania is biggest Arabica coffee producer, and It?s also growth some Robusta Coffee.
Why Arabica coffee prices fall?
The one factor that drive arabica coffee prices fall is market down because supplied coffee from southern parts being done. But market players still expect that coffe prices will rise in holiday season. This mean until end of December 2011, because in January 2012 coffee prices futures predicted decline.
In the New York auction, coffee prices also down last week by $5.90 per 50 kg, while London prices rose by $3.60 per 50 kg.
Benchmark grade AA sold at $236-$321 per bag, down from $267-$340.80 per bag previously. The average price was $284.37 per bag, down from $286.85.
The average price for Grade A rose to $284.47 from $279.33 previously. The newly introduced grade AB got an average price of $280.03, down from $286.40.
The coffe board also forecasts the 2011/12 crop will fall to 45,000 tonnes in the continent's fourth-largest coffee grower -- after Ethiopia, Uganda and Ivory Coast -- from 56,247 tonnes in the previous season.
Robusta Coffee prices rose, Why?
Robusta coffee prices rose because coffee supply shortages according Tanzania Coffee Board. These condition predicted because robusta coffee is not main and biggest coffee produce there. And although robusta coffee prices rising, it?s will not exeed the arabica coffee prices
