Robusta Coffee Price Chart December 29, 2022: Mitigation

Vietnamese Coffee Exporter
Robusta Coffee Price Chart December 29, 2022

Robusta Coffee Price Chart December 29, 2022 – Arabica coffee suddenly increased sharply, while Robusta coffee continued to decline slightly after returning from a long break. Coffee prices on the New York Stock Exchange are currently at the highest level in more than 1.5 months.

Robusta Coffee Price Chart December 29, 2022

At the end of the last trading session, the price of Robusta coffee in London for the term of March 2023 decreased by 6 USD/ton to 1,869 USD/ton, the term for delivery in May 2023 decreased by 5 USD/ton to 1,840 USD/ton.

Price of Robusta coffee traded in London

Period Price Change % change Mass Highest The shortest Open door Open contract
03/23 1869 -6 -0.32% 7558 1889 1853 1865 47294
05/23 1840 -5 -0.27% 1762 1857 1826 1839 22699
07/23 1822 -8 -0.44% 324 1836 1812 1818 6895
09/23 1809 -11 -0.6 % 134 1822 1803 1805 2868
Unit: USD($)/ Ton Coffee priceTrading unit: lot = 10 tons

 

On the New York Stock Exchange, the price of arabica coffee delivered in March 2023 increased by 6.6 cents/lb to 173.55 cents/lb, and the price of arabica coffee delivered in May 2023 increased by 6.4 cents/lb to 173.15 cents/lb.

Price of Arabica coffee traded in New York

Period PriceCoffee price Change % change Mass Highest The shortest Open door Open contract
03/23 173.55 +6.6 +3.95% 16939 174.95 166.7 166.75 93848
05/23 173.15 +6.4 +3.84% 4869 174.4 166.55 166.85 44232
07/23 172.85 +6.3 +3.78% 2656 173.9 166.4 166.75 18648
09/23 172.45 +6.2 +3.73% 1269 173.2 166.15 166.2 9630
Unit: USD Cent/lb 1USD = 100cent 1Lb ~= 0.45Kg Trading unit: lot = 37,500 lb

 

Robusta coffee prices continued to decline slightly after coming back from a long break when Arabica suddenly increased sharply, making up for what was lost in the previous session. Coffee prices on the New York Stock Exchange are currently at the highest level in more than 1.5 months.

With recent fluctuations in the USD exchange rate against other currencies and high inflation in many countries, especially in the US consumer market, the European Union (EU) is still the largest coffee export market. of Vietnam in the past 11 months with 616,972 tons, up 23.1% over the same period and accounting for 39% of export turnover. Coffee in the past 11 months was the US market with 109,581 tons, down 10.1% over the same period.

The next main export markets are Japan with 99,622 tons (+1.2%), Russia with 92,951 tons (+26.6%), the Philippines with 47,764 tons (-1.5%), the United Kingdom with 40,448 tons ( +51.2%), …

Coffee news: San Diego’s Holsem Coffee brings a whole new approach to an instant coffee

Homegrown North Park, San Diego coffee roaster and retailer  Holsem Coffee has unveiled a sweeping rebranding alongside a new line of “instant latte” blends.

In bright new bags, Holsem’s water-only latte blends combine the convenience of an instant treat with all-natural ingredients like freeze-dried fruit, natural spices, and maple syrup as the sole sweetener. The dry mix is ​​manufactured in San Diego through an undisclosed proprietary process.

Holsem’s instant latte line complements the rapidly expanding “instant specialty” market. A decade ago those two words might have been incompatible, but the instant category in particular was developed by B2B companies like  Swift Coffee, Sudden Coffee, and Voila (though the latter two are now discontinued. businesses).

More recently, specialty instant coffee or “instant espresso” has emerged through new brands such as  Waka Coffee,  House of Word, or  Coracle Coffee, as well as established Third Wave brands such as  Blue Bottle and  Intelligentsia.

Flavors for the instant latte rollout included banana bread, blueberry maple, chocolate peanut butter, orange vanilla bean, matcha mint, and a seasonal product, now squash seasoning. Corn. For example, the banana bread mix is ​​made with organic oat milk, pure maple syrup, freeze-dried bananas, instant coffee, cashews, cinnamon, and 100% MCT coconut oil, with no ingredients. any other ingredients or additives.

Read more:

Leave a comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: