Three-Month Coffee Contract Price Traded at US$155.1 per Pound (Monday, October 16, 2023)

The three-month coffee contract price for Monday, October 16, 2023, showed little movement. Today's trading price for the three-month coffee contract was recorded at US$155.1 per pound. This figure is virtually unchanged 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$152.1 per pound. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the three-month coffee contract price has risen by 2.34 percent. However, from its yearly high 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, monthly price monitoring shows a downward trend in transactions over the past 12 months. The highest average monthly price for the three-month coffee contract was recorded in February 2022 at US$246.2 per pound.