Coffee Price Today September 15, 2022: Arabica Fell to a 3-week Low

Vietnamese Coffee Exporter
Coffee Price Today September 15, 2022

Coffee Price Today September 15, 2022: The price of Robusta coffee for September 2022 in London fell by 8 USD / ton to 2,224 USD / ton, for the November delivery term it decreased by 9 USD / ton to 2,230 USD / ton.

Coffee Price Today September 15, 2022: Arabica Fell to a 3-week Low

At the end of the last session, the price of Robusta coffee for September 2022 in London fell by 8 USD / ton to 2,224 USD / ton, for the November delivery term it decreased by 9 USD / ton to 2,230 USD / ton.

Price of Robusta coffee traded in London – September 15, 2022

Period Price Change % change Mass Highest The shortest Open door Open contract
11/22 2230 -9 -0.4 % 5194 2248 2223 2238 50617
01/23 2219 -11 -0.49 % 2299 2236 2214 2231 24232
03/23 2193 -13 -0.59 % 1132 2211 2187 2206 15457
05/23 2181 -14 -0.64% 42 2205 2180 2205 6133
Unit: USD($)/ Ton Coffee priceTrading unit: lot = 10 tons

 

Meanwhile, the price of arabica coffee delivered in September 2022 on the New York Stock Exchange fell 6.35 cents/lb to 217.6 cents/lb, and delivery in December 2022 fell 5.85 cents / lb. 214.85 cents/pound. The price of coffee grade 2 continued to decline in the last session.

Price of Arabica coffee traded in New York

Period PriceCoffee price Change % change Mass Highest The shortest Open door Open contract
12/22 214.85 -5.85 -2.65% 22144 222.4 214.05 221.45 101238
03/23 210.15 -5.3 -2.46% 8599 216.95 209.45 215.95 49500
05/23 206.85 -5.15 -2.43% 5199 213.55 206.15 212.75 24908
07/23 204.05 -5.15 -2.46% 858 210.65 203.4 209.5 4861
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

With the US consumer price index (CPI) fell for the second consecutive month in August (inflation increased by 0.1% compared to July). This raises concerns that the US Federal Reserve (Fed) will raise interest rates significantly at next week’s board meeting from September 20-21.

In the context of crude oil prices falling below the threshold of 90 USD/barrel;

Workers in many countries have taken to the streets to protest against the current high consumer prices. Many leading economists believe that the simultaneous increase in interest rates at many central banks in the world will contribute to deepening the global economic recession.

Coffee News: Cafe Coffee Brings Vietnamese Coffee to the Heart in Kansas City

A new establishment called Cafe Café, run by veteran Broadway performer Jackie Nguyen has taken centre stage in Kansas City, Missouri, and is dedicated to celebrating Vietnam’s coffee and culture.

Inside the 1,200 square meter cafe, warm hues and cultural symbols are portrayed in a fusion of traditional and modern styles coming from all angles.

The murals by North Carolina-based muralist Love Letter Creative give Nguyen a clear picture of a lively introduction to Vietnamese cuisines and spirits both inside and out.

In late 2020, Nguyen opened Cafe Café, which is a dragon-faced mobile coffee trailer and, as of last month, a spectacular brick and mortar business in the Columbus Park district of Kansas City, using a filter machine, traditional recipes, Vietnamese-grown coffee, and unshakable enthusiasm.

For years, the roasted coffee from New York-based Nguyen Coffee Supply has been the foundation of Cafe Coffee’s beverage selection, featuring 100% robusta brewed True Grit for home espresso.

Popular Vietnamese flavours including ube, lychee, cinnamon, cayenne, and condensed milk are added to the coffee.

Nguyen thinks the bar will assist deliver some cultural awareness, particularly regarding midwest Asian-Americans and Asian-American entrepreneurs, in addition to tasty cocktails. common specialities

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