Weekly Coffee Price 31st August 2023

Home \ Weekly Coffee Price \ Weekly Coffee Price 31st August 2023

Weekly Coffee Price 31st August 2023

Weekly Market Report 10th December 2023

As anticipated arabica coffee prices came under pressure all week, although daily volatility was quite high.  Continuing rain in Brazil clearly pressured prices but there appeared reasonably strong resistance to the downward pressure although not enough to prevent further erosion.  Arabica coffee prices finished the week 7.20 cents/lb lower with the second position (March 24)…

Continue Reading

Weekly Market Report 03rd December 2023

An exceptionally good week for the arabica market with prices rising strongly throughout the latter half of the week on news that the extremely hot weather in Brazil was causing both cherry and flower abortion.  The continuing decline in stocks certified against the New York exchange added momentum to the escalation in prices.  Arabica coffee…

Continue Reading

Weekly Market Report 26th November 2023

Despite a strong start to the week, arabica coffee prices spent the rest of the week meandering up and down. The initial rally was in response to falling certified stock volumes, but forecasts of further rain in Brazil weighed heavily on the market.  This was partially offset by the downward revision in the USDA’s estimates…

Continue Reading

Weekly Market Report 19th November 2023

As expected, it was another volatile week on both markets, with dry and very hot weather in Brazil pushing prices higher, but the looming First Notice Day, poor US economic data and the forecast of rain for early next week combined to push back in the opposite direction.  By the end of the week, despite…

Continue Reading

UBDDA PARTNER WITH CIC TO SUPPORT COFFEE FARMERS

The Unggai Bena District Development Authority (UBDDA) and the Coffee Industry Corporation Ltd (CICL) have entered on a three-year partnership (2023-2025) to progress and increase coffee production in the district. Following a Memorandum of Agreement (MOA) which was signed in September 2023, the Unggai Bena MP Hon.Kinoka Hotune committed K2 million under this partnership for…

Continue Reading

Weekly Market Report 12th November 2023

As anticipated it was a volatile week on both markets, although the daily movements were more muted than of late.  However, a combination of concern about the short term availability of coffee with certified stocks continuing to fall together with the prospect of drier weather in Brazil pushed prices slightly higher, although profit taking throughout…

Continue Reading
Scroll to Top