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| WEEKLY MARKETING REPORT -08/02/2010. NOTE: All prices are quoted in Kina per kilogram. | |||||||||||||||||||||
| GREEN BEAN (Delivered-In-Store) | PARCHMENT (Factory Door) | ||||||||||||||||||||
| ARABICA | ROBUSTA | ARABICA | ROBUSTA | ||||||||||||||||||
| A | X | PSC-X | Y1 | Robusta | Class 1 | Class 2 | Robusta | ||||||||||||||
| KAINANTU | 4.25 to 4.30 | 4.10 to 4.15 | |||||||||||||||||||
| GOROKA | 7.20 to 8.50 | 6.60 to 7.50 | 6.25 to 6.70 | 6.10 to 6.60 | 4.20 to 4.50 | - to 3.50 | |||||||||||||||
| KUNDIAWA | - to 450 | - to 430 | |||||||||||||||||||
| MINJ/BANZ | 4.00 to 4.10 | - to 3.80 | |||||||||||||||||||
| MT. HAGEN | NA | NA | NA | NA | - to 4.00 | - to 3.95 | |||||||||||||||
| WAPENAMANDA | - to 3.60 | - to 3.50 | |||||||||||||||||||
| LAE | - to 7.50 | - to 7.10 | - to 6.50 | - to 6.30 | - to 3.50 | 3.00 to 4.00 | 2.80 to 3.70 | - | |||||||||||||
| WAU/BULOLO | - to 3.80 | NA | NA | ||||||||||||||||||
| ASEKI | NA | NA | NA | ||||||||||||||||||
| CENTRAL | NA | NA | - to 1.00 | ||||||||||||||||||
| WEWAK | 1.40 to 1.50 | ||||||||||||||||||||
| AVERAGE | 7.65 | 7.05 | 6.49 | 6.32 | 3.50 | 3.76 | 3.40 | 1.30 | |||||||||||||
| NQ: Not quoted. NB: Not buying. NA: Not available | |||||||||||||||||||||
| New York. | |||||||||||||||||||||
| A complete lack of any fresh fundamental news or change in the outlook for the supply/demand balance this week | |||||||||||||||||||||
| has meant that outside influences have dominated trading in both coffee markets. As expected coffee prices | |||||||||||||||||||||
| bounced early on in the week partly in response to a weaker dollar but also because may analysts felt that both | |||||||||||||||||||||
| markets had hit strong resistance level. However by Wednesday sentiment in the currency markets changed and | |||||||||||||||||||||
| the value of the dollar began to rise again, prompting speculators to sell all commodities quite heavily. Coffee prices | |||||||||||||||||||||
| went into reverse and by Friday had not only lost all that they had gained but also hit new lows. Arabica coffee | |||||||||||||||||||||
| prices lost 2.9 cents/lb while robusta lost $41/ton (1.8cents/lb). | |||||||||||||||||||||
| Yumi Lukautim Kopi Na Kopi Bai Lukautim Yumi | |||||||||||||||||||||
