Three-Month Coffee Contract Price Falls for the Past Three Days

The price of three-month coffee contracts fell on Wednesday, September 14, 2022. Trading of the three-month coffee contract today was recorded at US$220.65 per pound, lower than the previous day's trading price of US$223.95 per pound. This current condition is similar to the movement of three-month coffee contract prices over the past three days, which have been on an upward trend.

Over the past week, the price movement of three-month coffee contracts slowed by 5.16 percent, with an average daily transaction price of US$226.86 per pound. Compared to its position 30 days ago, the price of three-month coffee contracts has grown by 5.12 percent. The highest trading value for three-month coffee contracts this year was recorded at US$258.35 per pound on Wednesday, February 9, 2022.

Annually, the average trading price of three-month coffee contracts over the past five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to increase. The highest average monthly price for three-month coffee contracts was recorded in February 2022 at US$246.2 per pound.