market info

Daily Report

Price updates from ICE [New York], London and Bangalore

Friday July 03 2009
Futures Prices - 02.07.2009
ICE (New York) US cents / lb London US $ / tonne and cents / lb in brackets
Month Price Prev. Price Month Price Prev. Price
July – 2009 115.05 116.40 July – 2009 1319 (59.83) 1300 (58.97)
Sep – 2009 117.80 119.05 Sep – 2009 1334 (60.51) 1323 (60.01)
Dec – 2009 120.75 121.95 Nov – 2009 1356 (61.51) 1347 (61.10)


ICO Daily weighted average price on 01.07.2009 and previous price in brackets (US cents/lb)
Other Mild Arabica (N.Y) Robusta (N.Y) Exchange Rate Rs./ US $
141.86 (142.11) 67.65 (67.51) 47.79


Futures Price Trend


Differentials
Ar.Plant.A Ar.Chy.AB Rob.Pmt.AB Rob.Chy.AB
NY +60 NY -27 LIFFE +1350 LIFFE +200


NMCE – Coffee REP Bulk futures prices of 02-07-2009 (Rs/100 Kgs)
Futures month July’09 Sep’09
Closing price 7285 (7275) 7422 (7395)


ICTA Auction Prices Rs/Kg as on 25.06.2009
Grade MNEB/AA PB A AB B C BBB
Arabica Plantation ---- --- --- ---- 152.06 --- 90.00
Arabica Cherry --- 100.00 ---- --- ---- --- ---
RKR PB AA AB   C BBB
Robusta Parchment --- 116.50 --- --- ---- 101.00 74.50
Robusta Cherry ---- 75.00 --- 80.00 ---- 70.26 67.50


Raw Coffee Price (Karnataka) as on 02.07.2009 in Rs./50 kg
Ara.Pmt Ar.Chy Rob.Pmt Rob.Chy
7200-7250 2450-2600 4800-5000 1725-1800


Export update: From 1st January to July 02, 2009 (in metric tonnes)
INDIAN COFFEE Ar.Pmt Ar.Chy Rob.Pmt Rob.Chy Instant Total
Provisional exports (Indian coffee) 16099 5373 9012 50876 15683 97043
Provisional exports corresponding period last year 28009 5206 12029 54883 20132 120259
Provisional re exports ----- ----- ----- 15 8186 8201
Provisional re-exports corresponding period last year ----- ----- ----- ----- 12661 12661
Total provisional exports (1+3) 16099 5373 9012 50891 23869 105244
Total exports corresponding period last year (2+4) 28009 5206 12029 54883 32793 132920

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Market Analysis

ICE arabica coffee futures spilled over to two-month lows on Thursday in light trading and commodities losers in general. Most-active September coffee settled down 125 points at $1.1780 a pound and the nearby July settled 135 points lower at $1.1505 a pound. Liffe July robusta coffee futures settled up $19 at $1,319 a ton, and the September contract settled $11 higher at $1,334.

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