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Saturday 21 December 2024
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Robusta

Market & Trade

Coffee growers in Karnataka suffer price crash, despite lower output

Desk3 -
MADIKERI, India – Coffee prices have been falling sharply since January, compounding the worries of drought-hit growers. The prices of a 50-kg bag of Arabica parchment coffee dipped by 20 per cent in four months. However, Robusta coffee prices have remained relatively stable, falling a little over 7 per cent …
Market & Trade

Robusta coffee futures record biggest 5-day plunge in half a decade

Desk3 -
MILAN – Robusta coffee futures on ICE fell to a 7-1/2 month low on Tuesday on technically-driven selling by funds, with the London market recording its biggest 5-day plunge in half a decade. The July contract fell $20 to $1,916 a tonne after dipping to a low of $1,871, the lowest level for the second position since ...
Market & Trade

Brazil: Quotes of Robusta coffee drop 5.4% in April according to Cepea

Desk3 -
SAO PAULO, Brazil – Quotes of Robusta coffee dropped in the Brazilian market in the first fortnight of April, pressed down mainly by the harvesting advance in Rondônia, the nearness of harvesting activities in Espírito Santo and the return of the Funrural (Rural Workers' Assistance Fund) charge.
Market & Trade

Robusta prices back to mid-February levels; harvesting starts in Rondônia

Desk3 -
SAO PAULO, Brazil – Robusta coffee prices recovered in the domestic market in March and the CEPEA/ESALQ Index of robusta type 6, screen 13, Espírito Santo State, returned to levels observed in mid-February. Robusta valuation is attributed to higher demand for the variety from the coffee roasters in Brazil ...
Companies

Cepea says 20% of the Brazilian Arabica 2016/17 crop is left to be traded

Desk3 -
SAO PAULO, Brazil – The arabica volume left from the 2016/17 season at growers and cooperatives is around 20% of the production, considering regions surveyed by Cepea. In the same period last year, roughly 15% of the crop was still available to be traded. Most part of this product left in 2017 has intermediate quality, but there is also ...
Market & Trade

Brazil comes close to losing to Vietnam top rank in coffee shipments

Desk3 -
MILAN – Shipments of coffee in all forms out of Brazil totalled 2.483.057 bags in February, down 15.5% from the same month last year, the Coffee Exporters Council (Cecafé) reported last week. The drop in shipments was attributed to slower sales by farmers who preferred to wait for better prices.
Market & Trade

Carnival and price drops in New York futures market limit trades in Brazil

Desk3 -
SAO PAULO, Brazil – The pace of arabica coffee trades was slow in Brazil and prices were dropping in late February. Sellers, who were refrained from the market, did not consider asking prices attractive. Besides, the recess because of carnaval in Brazil limited trades even more.
Market & Trade

ICO Report: Coffee market turns down slightly as supply concerns ease

Desk3 -
LONDON, UK – ICO indicator prices fell slightly across all groups but the decline was most pronounced for Robustas. The controversy concerning the need for Brazil to import Robusta to alleviate supply shortages ...
Companies

Why has Brazil’s President Temer decided to backtrack on coffee imports?

Desk3 -
BRASILIA, Brazil – Brazil's president has suspended authorization for local processors to import coffee beans from Vietnam. It meant a sudden reversal of a...
Companies

Brazil halts imports of Robusta coffee amid opposition from farmers

Desk3 -
BRASILIA, Brazil – Brazil's President Michel Temer (picture) ordered a suspension of the authorisation of Robusta coffee on Wednesday amid a battle between farmers...
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