Update coffee prices on December 9, 2020: prices on 2 exchanges were slightly adjusted

The highest price of coffee on December 9 was still in Dak Lak with the price of 31,800 VND / kg. Around the world, 2-exchanges coffee prices continued to fluctuate in opposite directions.

Update coffee prices on December 9 on the world market

At the end of the session, Robusta coffee prices on ICE Europe – London decreased. January spot futures dropped another 2 USD, down to 1,326 USD / ton and futures delivered in March dropped another 5 USD, to 1,345 USD / ton, the slight decrease. Trading volume below average.

Robusta London chart January 2021 session on December 8, 2020

Robusta London chart January 2021 session on December 8, 2020

In contrast, Arabica coffee prices on the ICE US – New York floor increased. Futures for delivery in March increased 0.15 cents, to 119.25 cents / lb and for May futures also increased by 0.15 cents, to 120.95 cents / lb, the slight increase. Trading volume is at medium level.

Robusta coffee prices (ICE Futures Europe)

Period Fix price Change % Volume High Low Opening Price Yesterday Open interest
01/21 1326 -2 -0.15 3020 1336 1317 1328 1328 31444
03/21 1345 -5 -0.37 6085 1359 1338 1350 1350 39817
05/21 1356 -5 -0.37 1565 1368 1349 1360 1361 17044
07/21 1373 -5 -0.36 403 1382 1366 1378 1378 15963
Unit: USD($)/ ton | Units Per Transaction: lot = 10 ton

Arabica coffee prices (ICE Futures US)

Period Fix price Change % Volume High Low Opening Price Yesterday Open interest
12/20 117.1 +0.15 +0.13 11 117.1 117.1 0 116.95 142
03/21 119.25 +0.15 +0.13 14291 120.35 118.35 119.25 119.1 115364
05/21 120.95 +0.15 +0.12 5886 122 120.1 120.9 120.8 44078
07/21 122.45 +0.05 +0.04 5473 123.5 121.65 122.85 122.4 35559
Unit: USD Cent/lb | 1USD = 100cent | 1Lb ~= 0.45Kg | Units Per Transaction: lot = 37,500 lb

Update prices of domestic coffee beans on December 9

The price of coffee beans in the Central Highlands provinces decreased by 0-100 VND, down to fluctuating in the frame 31,500 – 32,000 VND / kg.

Export Robusta coffee price type 2, 5% broken black, stood at 1.4250 USD / ton, FOB – HCM, with the difference plus 60-80 USD / ton in term of March in London.

Raw Coffee Average price Change
FOB (HCM) 1,381 Differential: +55
Đắk Lăk 31,700 -100
Lâm Đồng 31,200 -100
Gia Lai 31,600 -100
Đắk Nông 31,600 -100
Pepper 56,500 0
USD/VND 23,040 0
Unit: VND/kg|FOB: USD($)/ton

Comments on the coffee market

Reais copper decreased slightly by 0.13%, to $ 1 = 5,1310 Reais due to the negative impact from the foreign exchange market and the possibility of vaccination delay compared to information published by the Brazilian government. given. Meanwhile, the market is still concerned about new uncertain circumstances for the financial scenario, especially the concern that the Government has exceeded the ceiling on public spending.

Coffee prices fluctuated slightly on both futures in a state of waiting for a new funding package to be presented to the US Congress and the possibility of a no-deal Brexit increasingly revealed through the disagreement negotiations between the UK and the EU.

Source: giacaphe.com

Update daily coffee prices at: update coffee prices

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