Tim Sturk’s Post

HIGH coffee prices, stubbornly sustained over the last two years, are emerging as a lasting reality for the coffee industry. Since late September 2023, coffee prices have been on a sharp upward trajectory. The Arabica futures contract reached levels in September 2024 not seen since August 2011. But while buyers and sellers alike have been hoping for prices to stabilise, recent surges show no sign of a meaningful drop. Read more about it here : https://lnkd.in/dTARZDb3

Coffee prices have been experiencing a significant surge recently, and analysts caution that this trend may persist for several years. The current increase in prices is attributed to a mix of factors, including supply chain disruptions, adverse weather events, and strong global demand for coffee. Arabica coffee beans, which represent approximately 60% of global coffee […]

For Coffee Traders, Global coffee prices grow 16.4% in April and reach their highest in 13 years: World coffee prices have grown by 16.4% last April compared to March and have reached their highest level in the last 13 years, according to the latest report from the World Coffee Organization (ICO). Its composite price index has averaged 216.89 US cents per pound produced. The monthly increase has occurred after heavy rains in the Brazilian region of Minas Gerais, which will affect the country's supply, while Vietnam continues to have difficulties with supply due to poor harvests in the last two years. Following a similar trend, the robusta variety has risen by 16.8% in April, to 193.65 cents, which marks its highest level in 45 years since July 1979. The price of Colombian soft coffee has increased 15% monthly, to 241.8 cents, and that of other soft coffees has risen 14.8%, to 239.73 cents. Coffee futures on the London Stock Exchange have influenced the price. Source: EFE: Agro

Global coffee prices set for shift in 2024 As coffee enthusiasts and professionals in the industry, it's crucial for us to stay ahead of market trends. According to recent insights, major coffee-producing countries like Brazil and Colombia are gearing up for a significant surge in production. This anticipated increase is poised to have a notable impact on global coffee prices. In light of this impending shift, I urge fellow coffee roasters to exercise patience and strategic planning when it comes to purchasing coffee in large volumes. While it may be tempting to secure supplies immediately, waiting for the market to stabilize could prove to be a prudent move. By holding off on bulk purchases until prices reach a more favorable level, we can optimize our procurement strategies for long-term success. Let's leverage this opportunity to navigate the evolving landscape of the coffee market with foresight and resilience. Together, we can adapt to these changes and continue delivering exceptional coffee experiences to our customers. Stay tuned for more updates as we monitor the developments closely. #coffee #coffeemarket #cmarket #coffeeindustry #marketinsight #coffeeroasters #strategicplanning

Coffee prices are forecast to continue to increase In March 2024, Robusta and Arabica coffee prices increased simultaneously due to a sharp increase in world demand, while supply was limited. Coffee prices are expected to continue to increase in the near future. On the London exchange, on March 28, Robusta coffee prices for delivery in May 2024, July 2024, September 2024 and November 2024 increased by 15.7%, 15%, 14.5% and 13.5% respectively compared to February 28, increasing to $ 3,559/ton, $ 3,467/ton, $ 3,385/ton and $ 3,295/ton. On the New York exchange, on March 28, the price of Arabica coffee for delivery in May 2024 and December 2024 increased by 4.2% compared to February 28, up to 190.65 cents/lb and 189.05 cents/lb respectively. Future prices for delivery in July 2024 and September 2024 both increased by 4.5%, up to 189.9 cents/lb and 189.45 cents/lb respectively. On Brazil's BMF exchange, on March 28, coffee futures prices for May 2024, July 2024 and September 2024 increased by 3.7%, 4.8% and 3.3% respectively compared to February 28, up to 234.95 cent/lb; 235.75 cent/lb and 230.45 cent/lb. In March 2024, Robusta coffee prices in the domestic market recorded a record-high increase compared to the end of February due to increased demand. On March 28, Robusta coffee prices increased by VND 16,100 - VND 16,900/kg (depending on the survey area) compared to February 28, up to VND 99,300 - VND 99,800/kg. Due to unfavourable weather factors, our country's Robusta coffee output in the 2024/2025 crop year is estimated to only reach about 1.6 - 1.7 million tons, a decrease compared to the output of 1.78 million tons in the 2023/2024 crop year. #CoffeePricesRising #RobustaCoffeeExchange #LondonCoffeeMarket #CoffeeFutures #CoffeeIndustryNews #CoffeeMarketTrends #EconomicImpactofCoffeePrices

Coffee prices have been experiencing a significant surge recently, and analysts caution that this trend may persist for several years. The current increase in prices is attributed to a mix of factors, including supply chain disruptions, adverse weather events, and strong global demand for coffee. Arabica coffee beans, which represent approximately 60% of global coffee […]

🌍 Coffee Market Update - August 22, 2024 🌍 The coffee market is currently experiencing a significant supply crunch, making it highly sensitive to any adverse news regarding supply conditions. As of today, the price of December arabica coffee has seen a slight increase of 0.75 cents/pound, while November robusta coffee has risen by $13, reaching $4632/ton. Notably, the September robusta price has hit an all-time high, nearing the $5000/ton mark. 🚨 Market Prediction 🚨 📰🥸Based on my personal perspective and the context of last year’s trends, I predict that the coffee market will continue to experience volatility due to ongoing supply constraints. ❄️🌨🌧🌦☀️Any unfavorable weather conditions or disruptions in the supply chain could lead to further price increases. **Disclaimer: This prediction is based on my personal perspective and the context of last year. The information may not be entirely accurate and should be verified with more professional sources.** 🔗 Credit Notice 🔗 **If you share this information, please kindly credit my LinkedIn profile.** **Updated morning 21/08/2024 on Domestic Coffee Prices (Converted to USD/kg): • Đắk Lắk: 119,200 VND/kg (≈ $4.82/kg) • Lâm Đồng: 118,500 VND/kg (≈ $4.79/kg) • Gia Lai: 119,200 VND/kg (≈ $4.82/kg) • Đắk Nông: 119,300 VND/kg (≈ $4.83/kg) • Hồ tiêu: 141,000 VND/kg (≈ $5.70/kg) • Exchange Rate: 24,720 VND/USD #CoffeeMarket #SupplyChain #MarketTrends #CoffeePrices #Arabica #Robusta #MarketPrediction #VietnamCoffee

☕ Coffee Prices on December 7, 2024 📈 Average Price: 125,100 VND/kg (+5,000 VND) 🇻🇳 Domestic Coffee Prices: Đắk Lắk: +5,000 VND Lâm Đồng: +5,000 VND Gia Lai: +5,000 VND Đắk Nông: +5,100 VND 🌶️ Pepper Price: 147,000 VND (+2,000 VND) 💱 USD/VND Exchange Rate: 25,134 🌍 Global Coffee Prices: London Robusta: January 2025 contract at 5,153 USD/ton (+258 USD) New York Arabica: March 2025 contract at 330.25 USD cent/lb (+16.75 cent) 📊 Market Highlights: Domestic coffee prices continue to rise sharply, reaching up to 130,000 VND/kg. As of 11:30 AM today, the average purchase price of coffee in the Central Highlands is 126,100 VND/kg. Lâm Đồng has the lowest purchase price in the Central Highlands at 125,000 VND/kg. Gia Lai and Đắk Lắk both have prices at 126,000 VND/kg. Đắk Nông leads with the highest purchase price at 126,300 VND/kg. On the London and New York exchanges, coffee prices continue to rise across all contracts. 📈 Market Trends: The 2024-2025 coffee season is nearing its peak, with 25%-30% of the crop harvested but only 10% sold due to volatile prices. Analysts predict 50% of the crop will be harvested in December 2024. Exporters like Simexco DakLak are less active in the market due to slow demand and high capital requirements. Businesses need 2 billion USD to purchase about 30% of Vietnam’s early-season coffee production. With the current high prices and an estimated annual production of 1.6-1.8 million tons, the value of Vietnam’s coffee industry has surpassed 8 billion USD. #CoffeePrices #MarketUpdate #VietnamCoffee #GlobalCoffeeMarket #CoffeeIndustry #CoffeeTrade

🌍 Coffee Market Update - December 2, 2024 Despite the plummeting domestic coffee prices, the international coffee exchanges in London and New York remain unchanged. Contracts for delivery in early 2025 are holding steady, showcasing the market's resilience. 🔹 Robusta Coffee Prices: The delay in exporting Robusta from Vietnam, caused by unfavorable weather, is keeping the prices elevated. The demand surge during the Northern Hemisphere's winter adds to this trend. 🔹 Arabica Coffee Dominance: This year marks a shift, with Arabica playing a key role as Vietnam's harvest season begins. 📉 Domestic Coffee Prices, today seems to have decrease in domestic coffee prices: 🏔Đắk Lắk: 129,000 VND/kg (-1,000) 🏔Lâm Đồng: 128,500 VND/kg (-1,000) 🏔Gia Lai: 129,000 VND/kg (-1,000) 🏔Đắk Nông: 129,500 VND/kg (-1,000) Coffee price may be change to increase this week. Today, on both the London and New York coffee exchanges, the market remained unchanged across all contracts. The contracts for delivery in January 2025 and March 2025 held steady at $5,409/ton and $5,377/ton respectively. Similarly, on the New York Arabica coffee market, the contracts for delivery in December 2024 and March 2025 remained unchanged at 318.05 cents/lb and 315.50 cents/lb. Last year, the coffee market was primarily driven by Robusta, with producing countries affected by drought and harsh weather conditions. However, this year, with the coffee harvest season starting in Vietnam, Arabica has taken on a more dominant role. Despite the decline in coffee prices, they remain relatively high. The delay in exporting Robusta coffee from Vietnam, which faced unfavorable weather conditions, has contributed to the high prices. The increased demand for coffee during the winter in the Northern Hemisphere further highlights this upward trend. Robusta Coffee Prices on London Exchange: January 2025: $5,409/ton (unchanged) March 2025: $5,377/ton (unchanged) May 2025: $5,310/ton (unchanged) July 2025: $5,228/ton (unchanged) Arabica Coffee Prices on New York Exchange: March 2025: 318.05 cents/lb (unchanged) May 2025: 315.50 cents/lb (unchanged) July 2025: 310.85 cents/lb (unchanged) September 2025: 305.80 cents/lb (unchanged) **Disclaimer: please refer professional data for business decision. #CoffeeMarket #Arabica #Robusta #VietnamCoffee

Your morning coffee could become even pricier in the new year after the cost of coffee beans on international commodity markets soared to a record high. The price for arabica beans, the world’s most popular variety, topped $3.44 a pound on Tuesday, having risen more than 80 per cent this year. Meanwhile, the cost of cheaper robusta beans, used in instant coffee, has almost doubled this year, with the price touching $5,694 a metric tonne in late November https://lnkd.in/daR2Q9wQ