World Market:July 1 -15, 2015

摘要

Global coffee prices see-sawed in the period under review and eventually ended up a bit as a hefty options play, favourable exchange rates and short-covering triggered buying activity for arabica futures. However, this only came in the wake of a fallof the benchmark September contract to as little as 123.65 cents/lb on July 7, the lowest level on a continuation chart since late May. September eventually ended up 2.75 cents at 129.75 cents/lb, while nearby July finished up 2.90 cents at 128.00. The main feature of the robusta futures market in London was the sharp widening of the Jul/Sep spread ahead of the nearby contract's expiry at the end of the month. The benchmark September contract fell $46 to $1,725 per tonne, while nearby July rose $39 to $1,852.