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
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