Three-Month Coffee Contract Price Remains Unchanged at US$155.1 per Pound (Sunday, October 15, 2023)

The three-month coffee contract price for transactions on Sunday, October 15, 2023, showed only minimal movement. Today's trading price for the three-month coffee contract was recorded at US$155.1 per pound. This figure shows only slight movement compared to the previous day's trading price of US$155.1 per pound. Currently, the three-month coffee contract price has been in a downward trend for the past 0 days.

Over the past week, the three-month coffee contract price increased by 6.2 percent, with an average daily transaction price of US$150.81 per pound. As a result, throughout 2023, the three-month coffee contract price has increased by 2.34 percent from its year-start position of US$151.55 per pound. Compared to its highest price this year of US$167.5 per pound, the three-month coffee contract price has fallen by 7.4 percent.

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