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The coffee market on 10/07/2015

This morning (10/7), the price of coffee bean in the Central Highlands province increased by 100-200 dong, up at 36500-37100 VND / kg.

Biểu đồ giá cà phê Robusta London T9  ngày 09/07/2015
Robusta coffee price chart T9 day London 09/07/2015

London Markets:

On the ICE Futures Europe floor, Robusta prices increased. Spot July futures increased by 10 dollars, or 0.54%, to $ 1,855 / ton, delivery period in September rose 3 dollars, equivalent to 0.17%, up to $ 1,728 / ton and delivery period November also rose 3 dollars, equivalent to 0.17%, up to $ 1,742 / ton, slightly higher levels. Very narrow fluctuation band. Volume is below average.

New York:

On the ICE Futures US floor, Arabica prices tend to mix. July futures for immediate delivery fell 0.4 cents, or 0.33% decrease, down to 122.75 cents / lb, while the delivery period after the reversal. Specifically, the delivery period in September rose 0.3 cents, up 0.24%, to 125.25 cents / lb and December term delivery up 0.35 cents, an increase of 0.27%, to 128, 75 cents / lb, the relatively mild increase. Trading volume on average.

China stocks are recovering after heavy-handed intervention by the Government; Greece has submitted the appropriate measures to be borrowed and the debt swap to the EU; USD increased again could make the US Federal Reserve System (FED) is expected to raise interest rates back ... is the positive news was dominated by global macroeconomic reduce stress to thrive again. However, the coffee market is not the choice of the investor at the moment.

According to observers, the island price structure appears on the futures exchanges in London for investors holding the amount of certified coffee was sold at high prices and the move to pull the floors are actually registered to auction. Figures obtained certification and registration numbers are auctioned every day in recent sessions is not small and therefore, the market is still bustling grocery and restaurant real demand is still high.

However, the Southeast Asian market has yet to measure the reference vibrant international coffee remained low price has made the farmers' resistance Vietnam prolonged and stronger than ever. Coffee Indonesia off the train but significantly but export figures from the island compared with daily trading volumes in floor is really too small. While both coffee exporters in Asia are facing the Muslim holy month of Ramadan, expected price structure on the London possibilities island still lingering and spending less, until Vietnam entered revenue service The new plan.



Hophuongcoffee
Source giacaphe.com

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