Coffee Price Today – October 18, 2022: Robusta Coffee Prices Are Mixed

Vietnamese Coffee Exporter
Coffee Price Today - October 18, 2022 - Helena Coffee Vietnam

Coffee Price Today – October 18, 2022: In this morning’s trading session, Robusta and Arabica coffee prices fluctuated in opposite directions. The run time fluctuates with a margin of less than 1%.

Coffee Price Today – October 18, 2022: Robusta Coffee Prices Are Mixed

The price of coffee fluctuates in the world market, so the online price of Robusta coffee in London delivered in November 2022 is quoted at USD 2,064/ton after increasing 0.15% (equivalent to USD 3). In contrast, the price of Robusta coffee delivered in January decreased by 6 USD/ton to 2,045 USD/ton.

Price of Robusta coffee traded in London

Period Price Change % change Mass Highest The shortest Open door Open contract
11/22 2064 +3 +0.15% 7015 2075 2046 2067 26429
01/23 2045 -6 -0.29% 11807 2062 2035 2055 34634
03/23 2022 -ten -0.49 % 4175 2043 2017 2034 19842
05/23 2010 -9 -0.45% 1685 2030 2005 2024 8528
Unit: USD($)/ Ton Coffee priceTrading unit: lot = 10 tons

 

The price of Arabica coffee on the New York exchange in December 2022 reached 195.55 cents/pound, down 0.58% (1.15 cents) at the time of the 7 Am poll (Vietnam time). The price for delivery in March 2023 continued to fall to 191.35 cents/Ib.

Price of Arabica coffee traded in New York

Period PriceCoffee price Change % change Mass Highest The shortest Open door Open contract
12/22 195.55 -1.15 -0.58 % 22360 199.7 194.05 197.5 76272
03/23 191.35 -1.65 -0.85% 14441 195.35 190.15 193 66982
05/23 189 -1.95 -1.02% 5641 192.65 187.75 190.95 25739
07/23 187.3 -1.95 -1.03% 1815 190.9 186.05 189.7 7299
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

Located in the state of Nagaland, in the Northeast (India), organic coffee is one of the items exported to Europe and the Middle East, according to EastMojo.

The state government is currently coordinating with the Coffee Council to grow coffee on nearly 10,000 hectares of land, of which about 8,412.49 hectares are Arabica varieties and 1,419.7 hectares are Robusta.

An official said the state government has set a target of planting 50,000 hectares of coffee by 2030. He said Nagaland has very suitable climate and soil conditions for coffee to grow.

World Coffee News: Arizona’s Press Coffee tests the new in-store retail concept

The US specialty coffee roaster, which operates 10 cafes across Arizona, is testing a new cafe concept in a store of organic supermarket chain Sprout Agricultural Market.

US roaster Press Coffee is testing a new in-store retail location in a Sprouts Agricultural Market store.

The concept, located in Phoenix, Arizona, features a workspace area and a full beverage menu including Press Coffee’s specialty drip and cold brew, as well as hot and iced and nitro-blend teas.

Additionally, the pilot site will offer a limited number of in-store retail items including whole beans and ground coffee. Sprouts Farmers Market says Press Coffee is in line with its mission of providing ‘fresh, quality, sustainable and ethically sourced specialty products’.

Launched in 2008, the small batch roaster will analyze the success of the Phoenix pilot before discovering more Press Coffee bar sites within Sprouts Agricultural Market’s network of 380 stores in the United States.

In addition to providing retail services, Press Coffee also manages its own subscription coffee delivery service and operates 10 independent coffee shops throughout Arizona.

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