Cafés lavés Amérique Centrale : toujours plus chers!
Envoyé le 27 février , 2009
» Catégorie Café | Leave a Comment |
DJ Mexico,Ctrl Amer Cash Coffee:Premiums Rise More On Tight Supply
MEXICO CITY, Feb 26, 2009 (Dow Jones Commodities News via Comtex) — Physical trading continued at a modest pace this week in the cash coffee markets of Mexico and Central America even as premiums continued to rise on the tight 2008-09 crop supply, traders said Thursday. « The market hasn’t been super busy but there has been a lot more business than one would think considering the current level of premiums that exporters and roasters have to pay, » said a U.S. trader by telephone from New York.
Premiums continued to expand on what are already historical highs for most origins as prices traded just above 6-week lows, outpacing the cut in futures prices and keeping real purchasing prices for most grades in a range between $1.20 and $1.47 a pound, traders said.
Supply and offers for freshly picked beans from the ongoing 2008-09 harvest continued to be tight across the region and reports of an even smaller-than-expected crop were widly discussed in the market.
« It is evident that the drop in production is bigger than expected in many of the countries, but the question remains as to just how big, » said another physicals trader.
Premiums increased for all the top quality beans and also for most of the more commercial grades.
Guatemalan hard beans were quoted at premiums between 21 c/lb and 25 c/lb, up from the week-ago week range of premiums between 20 c/lb and 22 c/lb, with nearby deliveries fetching the highest premiums.
Arabica prices at the ICE Futures U.S. exchange in New York closed higher Thursday, with the March « C » contract up 0.05 cent at 110.70 cents a pound, and the May contract 0.30 cent higher at 113.15 c/lb.
Source : MarketWatch
