Coffee price today September 17, 2022: Continuing the downward trend.

Vietnamese Coffee Exporter
Coffee price today September 17, 2022 - Helena Coffee Vietnam

Coffee price today September 17, 2022: the price of Robusta coffee delivered online in London in November 2022 was registered at $2,202/ton.

Coffee price today September 17, 2022

In the world market, all types of coffee have decreased in price, so the price of Robusta coffee delivered online in London in November 2022 was registered at $2,202/ton after a decrease of 1.08% (equivalent to 24 USD).

Price of Robusta coffee traded in London – September 17, 2022

Period Price Change % change Mass Highest The shortest Open door Open contract
11/22 2202 -24 -1.08% 10297 2226 2171 2217 49522
01/23 2189 -25 -1.13% 3732 2213 2160 2211 24848
03/23 2161 -25 -1.14% 1073 2185 2137 2181 15994
05/23 2149 -24 -1.1 % 287 2163 2127 2162 6240
Unit: USD($)/ Ton Coffee priceTrading unit: lot = 10 tons

 

Arabica coffee shipped in New York in December 2022 reached 215.1 US cents/lb, down 0.6% (equivalent to 1.3 US cents) at the time of survey at 7 am. (Vietnam time).

Price of Arabica coffee traded in New York – September 17, 2022

Period PriceCoffee price Change % change Mass Highest The shortest Open door Open contract
12/22 215.1 -1.3 -0.6 % 13631 216.25 211.35 216.25 99151
03/23 209.75 -1.45 -0.69% 5385 210.9 206.4 210.9 49465
05/23 206.5 -1.45 -0.7 % 2284 207.65 203.25 207.65 25703
07/23 203.8 -1.4 -0.68% 555 204.85 201.1 204.85 4996
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

Coffee exporter Brazil (Cecafé), which exported 2.762 million 60kg bags of coffee in August, is down 2.5% from the same month in 2021, DatamarNews reports. But in terms of sales, Brazil recorded coffee export revenue of $655.3 million in August, up 49.5% over the same month last year.

In August, the performance of the Brazilian coffee industry showed extremely impressive numbers: record sales of US$5,904 million and growth of 61.4% compared to the first 8 months of the previous year, however, Coffee production abroad fell again during this period by 5.3%, from 26.7 million bags to 25.3 million bags at the end of August.

Coffee news: Australia’s Market Lane Coffee gets B Corp certification

Market Lane, an Australian coffee and roaster business, is the newest coffee company to receive B Corp certification.

Market Lane, which was founded in 2009, has seven locations in Melbourne, Australia. Compared to a global average of 50.9, it had an Impact Assessment B score of 80,2.

In order to give a thorough evaluation of operational impact, the B Corp accreditation evaluates a company’s performance across five categories of impact: governance, workers, community, environment, and customers. To become a recognized B Corp, candidates must undergo an examination every three years and receive a minimum score of 80 in the impact areas.

As important tenets of its business, Market Lane advocates an emphasis on environmentally sound procedures along with moral and open interactions with coffee producers. Market Lane declared that it had achieved complete carbon neutrality earlier this year.

Since 2019, the business has placed solar panels on its building and roaster, used organic recycling to divert coffee grounds and other organic waste from the trash, and partnered with carbon-neutral suppliers, such as B Corp Minor Figures, to supply oat milk to seven Market Lane locations.

Market Lane’s certification comes after Melbourne Coffee Merchants, a sibling company of the corporation, and Union Hand Roasted Coffee, a speciality coffee roaster, both of which received their certifications in August 2022. B Corp certification was declared for the United Kingdom in April 2022.

Read more:

4 Phase Important Coffee Roasting Development

The Best Arabica Coffee Growing Areas In Vietnam

Can low-caffeine coffees replace decaf coffee?

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