Coffee Price Today – September 27, 2022: Coffee Prices Moved in Opposite Directions

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Coffee price today November 21, 2022

Coffee Price Today – September 27, 2022: The price of Robusta coffee in London for delivery in November 2018 decreased by 28 USD / ton to 2204 USD / ton.

Coffee Price Today – September 27, 2022: Coffee Prices Moved in Opposite Directions

Ending the last trading session of the week, the price of Robusta coffee in London for delivery in November 2018 decreased by 28 USD / ton to 2204 USD / ton, and for January delivery fell by 23 USD / ton to 2196 USD / ton.

Price of Robusta coffee traded in London – September 27, 2022

Period Price Change % change Mass Tallest The shortest Open door Open contract
11/22 2204 -28 -1.25% 8883 2248 2191 2224 46168
01/23 2196 -23 -1.04% 5052 2236 2182 2214 22695
03/23 2169 -22 -1 % 2211 2206 2160 2185 15861
05/23 2154 -22 -1.01% 1064 2190 2154 2170 6537
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 3.35 cents/lb to 223.8 cents/lb, and the price for delivery in March 2023 increased 2.4 cents/lb to 216.5 cents/pound. In the first trading session of the week, coffee prices moved in opposite directions on the two exchanges.

Price of Arabica coffee traded in New York – September 27, 2022

Period PriceCoffee price Change % change Mass Tallest The shortest Open door Open contract
12/22 223.8 +3.35 +1.52 % 24921 232.05 218.4 218.5 93262
03/23 216.5 +2.4 +1.12% 8435 224.65 212.15 212.75 48198
05/23 212.3 +2.05 +0.98% 3313 220 208.35 208.35 25160
07/23 208.85 +1.75 +0.85% 866 216.8 205.35 205.35 5003
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

This morning, the DXY Index is heading towards 114 points. This is an important resistance level. The strong dollar pushed the euro and pound to 20- and 37-year lows. Really fell. It has stimulated the sales of manufacturers in Brazil. because the harvest is coming to an end and the physical goods available are plentiful while the means of preservation are limited.

Inventories of coffee that met New York’s minimum standards remained at 485,408 bags, the lowest in 23 years. The above information continues to support the price increase of arabica coffee.

Coffee World News: Inspiring and Exciting Screenwriters With The Lost Draft Debuts in New York

This week, the SoHo neighbourhood of Manhattan will welcome The Lost Draft, a coffee shop owned by an unidentified New York City-based filmmaker. The cafe is intended to give writers, television and film crew members, and other city workers a cosy, motivating, and social area.

A 300-square-foot private room can be booked inside the roughly 1,500-square-foot Lost Draft venue for gatherings and table readings.

The main store area’s muted colours and textures are complemented by retro furniture and movie-inspired accents that arouse vivid fantasies.

Espresso beverages produced on a Kees van der Westen Spirit Duette 2-group machine with a bespoke logo, a Hardtank cold brew system, and a Marco Jet batch machine all directly influence the creative process.

Steve Mierisch roasts Lost Draft private label coffee at the Brooklyn-based Pulley Collective roastery.

The bathroom’s emerald green tiles, which were modelled after those in the Overlook Hotel in Stanley Kubrick’s “The Shining,” are complemented by an antique vanity mirror that gives the space a vintage Hollywood vibe.

Director’s seats, production lights, and reels are positioned around the oak tables in the table read room.

The head of Lost Draft’s coffee program is Steven Sadoff, who established the Ground Support Cafe in SoHo in 2009.

Sadoff managed the creation and execution of the shop’s espresso and traditional pour-over beverage menu, as well as the creation of unique drinks such as the Osmanthus Latte and Sesame Latte.

A variety of locally baked pastries, fresh appetizers produced in the Moffat Turbofan behind the bar, and theatre-style popcorn are offered with drinks.

On Tuesday, September 27, The Lost Draft makes its debut at 398 Broome Street in New York City.

Read more:

Where Are Vietnamese Coffee Beans From

The difference between robusta coffee beans and arabica beans

Burundi coffee: An introduction to flavours and growing regions

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