Coffee Price Today November 25, 2022: Robusta And Arabica Are Opposites

Vietnamese Coffee Exporter
Coffee Prices Today September 5, 2022

Coffee Price Today November 25, 2022: In recent days, the decline of Arabica has led to Robusta. So if you use an apartment in New York during the holidays, the apartment in London has increased in price, and take advantage of the price. Restore what was lost in the previous session.

Coffee Price Today November 25, 2022

At the end of the last session, the price of Robusta coffee in London delivered in January 2023 increased by 28 USD/ton to 1,842 USD/ton, the price of Robusta coffee delivered in March 2023 increased by 22 USD/ton to 1,812 USD/ton.

Price of Robusta coffee traded in London – Coffee Price Today November 25, 2022

Period Price Change % change Mass Highest The shortest Open door Open contract
01/23 1842 +28 +1.54% 4007 1846 1802 1813 53786
03/23 1812 +22 +1.23% 1797 1814 1782 1794 27951
05/23 1801 +21 +1.18% 501 1802 1773 1785 13899
07/23 1790 +20 +1.13% 80 1790 1766 1775 5721
Unit: USD($)/ Ton Coffee priceTrading unit: lot = 10 tons

 

Meanwhile, on the New York Stock Exchange, the price of arabica coffee delivered in December 2022 fell 1.95 cents/lb to 162.75 cents/lb, and the price of arabica coffee delivered in March 2023 fell 1.45 cents/lb to 165.95 cents/lb.

Price of Arabica coffee traded in New York – Coffee Price Today November 25, 2022

Period PriceCoffee price Change % change Mass Highest The shortest Open door Open contract
03/23 162.75 -1.95 -1.18% 15755 167.55 160.7 165.7 109963
05/23 162.95 -1.45 -0.88% 6741 167.1 161 165.4 40457
07/23 162.7 -1.2 -0.73% 2310 166.25 160.65 164.9 17130
09/23 162.15 -1.1 -0.67% 1160 165.3 159.85 164.5 8351
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

In the most recent trading session, the London Stock Exchange took advantage of the New York Stock Exchange’s Thanksgiving holiday and rallied, making up for what it lost in the previous session.

You can see that the decline of Arabica in the past few days also brings with it Robusta. At the beginning of the trading session on November 25 (Vietnam time) in the US market, the US Dollar Index (DXY) measures the volatility of the US Dollar against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF). ) fell 0.22% to 105.86.

The dollar continued to slide after the US Federal Reserve (Fed) released the minutes of its November meeting, supporting the view that the central bank will slow down the pace of interest rate increases from its monthly meeting. 12. The above information helps the material in general is coffee. own recovery.

Coffee news: Nespresso launches compostable coffee capsules at home

The Swiss coffee pods giant has partnered with Huhtamäki to develop paper-based capsules, which will launch in France and Switzerland early next year. Nespresso has partnered with sustainable packaging company Huhtamäki to create compostable paper coffee capsules at home.

The Swiss coffee pod company said the capsule took three years to develop and respond to growing consumer demand for compostable packaging. The product will be tested in France and Switzerland in the spring of 2023, before launching in a number of other European countries within a year. 

Nespresso says its new paper-based coffee capsule advertisement is made from wood fibers that are reasonably sourced from European forests. The capsules have been independently certified by the German technical certification company TÜV as home compostable and compostable in food waste collection programs. 

The capsules are designed by Finnish packaging manufacturer  Huhtamäki, which established an exclusive partnership with Nespresso in 2021. The Espoo-based company says the launch marks a step in significant growth in innovation for the circular economy and a “leap for consumers around the world”. 

Nespresso announced its certification as B Corp in April 2022, after achieving a score of 84 in its global business spanning 38 markets.   In September 2022, Swiss coffee giant Nestlé cited Nespresso capsule sales as a key growth driver for its UK business in 2021. 

Source: https://www.worldcoffeeportal.com/

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