Coffee price today – September 20, 2022: Arabica increases again

Vietnamese Coffee Exporter
Coffee price today - September 20, 2022 - Helena Coffee Vietnam

Coffee price today – September 20, 2022 – Helena Coffee Vietnam: The price of London Robusta coffee delivered in September 2022 decreased by 24 USD/ton to 2186 USD/ton for delivery in September 2022.

1. Coffee price today – September 20, 2022: Arabica increases again

At the end of the last trading session of the week, the price of London Robusta coffee delivered in September 2022 decreased by 24 USD/ton to 2186 USD/ton for delivery in September 2022, and delivered in November 2022 decreased by 24 USD/ton to 2202 USD/ton.

Price of Robusta coffee traded in London – September 20, 2022

Period Price Change % change Mass Tallest 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

 

On the New York Stock Exchange, the price of arabica coffee delivered in December 2022 increased by 6 cents/lb to 221.1 cents/lb and delivered in March 2023 increased by 5.7 cents/lb to 215.45 cents/lb. In general, the London market had a rising session again.

Price of Arabica coffee traded in New York – September 20, 2022

Period PriceCoffee price Change % change Mass Tallest The shortest Open door Open contract
12/22 221.1 +6 +2.79% 16417 222.1 210.85 214.5 98429
03/23 215.45 +5.7 +2.72% 5969 216.3 206 208.9 49265
05/23 212.1 +5.6 +2.71 % 2777 212.95 202.7 206.05 25676
07/23 209.3 +5.5 +2.7 % 502 209.9 200.2 203.2 4957
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

The cash price of Robusta coffee fell $62 in November, a pretty steep drop. The trading volume is below average. Similarly, the New York market increased by 1 session and decreased by 4 sessions. The price of arabica coffee for December delivery fell 13.40 cents, a sharp decrease. Moderate volume.

The highlight of last week was that the US economic index reports continued to trend negatively, leading to speculation that the US Federal Reserve (Fed) will tighten policy further to quell inflation and global recession with commodity speculators giving up. there is a market.

2. Coffee World News: Minnesota Roaster Showcase Opening to Saint Paul in October

Minnesota Roaster Showcase, a free one-day event in Saint Paul on October 22, will bring together the regional speciality coffee industry in anticipation of the United States Coffee Championships preliminary competitions, which will be held for the first time in Minneapolis next month.

The 6,000-square-foot Vandalia Tower lobby in Saint Paul will host a gathering of more than a dozen Twin Cities-based businesses and brands around tables and booths.

Sam Kjellberg, co-founder and head of the coffee section of SK Coffee, is the person behind the event. The building also serves as the headquarters, roaster, and bar of the company.

At least ten independent roasters, including SK and Spyhouse Coffee Roasters, who are hosting the USCC preliminary rounds at their own facilities, have signed up to take part in the event.

The green coffee display is being put on in cooperation with Lake Monster Brewing and Minneapolis-based Cafe Imports.

According to Kjellberg, who likened the occasion to a miniature version of the well-known SCA Roasters Village, “This will be an opportunity for each roaster to display their sourcing and roasting expertise.”

Of course, people can and should purchase bags from them if they so choose.

The aim of the event, according to Kjellberg, is to include seminars and presentations for both experts and consumers, balanced with competitions, games, or competitions for individuals. pretty. However, when it debuts next month, the objective will be to simply showcase fine, handcrafted coffee while fostering new relationships between roasters and customers.

Read more:

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High Quality Instant Coffee Supplier: Helena Coffee Vietnam 

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1 comment

  1. September 22, 2022 at 12:37 pm
    Jeff

    Jeff Ntambara from Rwanda kigali as a farmer we happy for the new prices and hopefully to will be same to next year 2023 season

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