Coffee price today September 21, 2022: Robusta does not change

Vietnamese Coffee Exporter
Coffee price today September 21, 2022:

Coffee price today September 21, 2022: the price of Robusta delivered in September 2022 is still at 2186 USD / ton, delivered in 11/2022 is at 2,202 USD / ton.

Coffee price today September 21, 2022: Robusta does not change

At the same time, coffee prices rose on Brazil’s Sao Paulo stock exchange. Meanwhile, the apartment in London was closed because the British royal family held the funeral of Queen Elizabeth II. Therefore, the price of Robusta delivered in September 2022 is still at 2186 USD / ton, delivered in 11/2022 is at 2,202 USD / ton.

At the end of the last trading session 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, for delivery in March 2023 increased by 5.7 cents/lb. up 215.45 cents/lb

Assessing the cause of the New York Stock Exchange’s sharp rise, experts say next week’s rains in Brazil’s coffee-growing regions will help support arabica coffee prices. Although not trading in the first session of the week, but the decline of Robusta this week is also quite large as most investors stand outside the market to watch and wait for official information about the Fed’s interest rate hike to
USD.

Robusta production from Brazil also hits an all-time high in the coming days after years of new acreage expansion. This information has a stronger impact reduction effect of Robusta than Arabica. During this time, USD is still a safe haven for cash flow, putting commodity prices under downward pressure and coffee on both exchanges is no exception. Last week, Robusta lost 2.26% of its value, Arabica was hit harder, down 6.74%.

World Coffee News: ICO Promotes ‘Round Coffee Economy’ as Approach to the 8th International Coffee Day

First established by the International Coffee Organization  in 2014 and first celebrated in 2015, International Coffee Day is celebrated as the country’s predecessor, but with a broader focus on natural way.

While National Coffee Day might say “DOWNLOAD OUR APP. GIVE FREE COFFEE TODAY. YUM!!!,” International Coffee Day might reply, “Perhaps we should also think about large-scale, multi-stakeholder solutions to address the poverty of millions of smallholders in the coffee industry. get high. ”

Thus, as the eighth International Coffee Day approached, the nonprofit ICO launched a marketing and fundraising campaign focused on the concept of a circular economy, calling on actors in and around the coffee industry supporting economic prosperity and environmental stewardship throughout the coffee supply chain.

The organization is also using the holidays to  support its ongoing “Next Generation” initiative  , which is designed to increase young people’s participation in the coffee sector, from growing to roasting. grinding and retail.

For more information on International Coffee Day, including marketing resources and images, see  the ICO event page  .

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